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

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,...

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Bibliographic Details
Main Authors: David Vidal-Tomás, Ana M. Ibáñez, José E. Farinós
Format: Article
Language:English
Published: MDPI AG 2021-02-01
Series:Mathematics
Subjects:
DEA
Online Access:https://www.mdpi.com/2227-7390/9/4/413