scholarly journals A Data Envelopment Analysis Approach to the Assessment of Natural Parks' Economic Efficiency and Sustainability. The Case of Italian National Parks

2005 ◽  
Author(s):  
Valentina Bosetti ◽  
Gianni Locatelli
Keyword(s):  
Data Envelopment Analysis ◽  
National Parks ◽  
Economic Efficiency ◽  
Analysis Approach ◽  
Data Envelopment ◽  
Natural Parks

scholarly journals The Effect of the Launch of Bitcoin Futures on the Cryptocurrency Market: An Economic Efficiency Approach

Mathematics ◽  
2021 ◽  
Vol 9 (4) ◽  
pp. 413
Author(s):  
David Vidal-Tomás ◽  
Ana M. Ibáñez ◽  
José E. Farinós
Keyword(s):  
Data Envelopment Analysis ◽  
Economic Efficiency ◽  
Data Envelopment ◽  
Trade Off ◽  
Risk Return ◽  
Malmquist Indexes

We analyze the economic efficiency of the cryptocurrency market after the launch of Bitcoin futures by means of the Data Envelopment Analysis and Malmquist Indexes. Our results show that the introduction of Bitcoin futures did not affect the economic efficiency of the cryptocurrency market. However, we observe that Bitcoin obtained the highest risk-return trade-off due to its liquidity compared to the rest of cryptocurrencies. Therefore, our paper underlines the support of investors on Bitcoin to the detriment of the rest of cryptocurrencies.

Sign in / Sign up

Export Citation Format

Share Document