Purpose: The purpose of this paper is to examine the price–volume relationship in the bitcoin market to validate near-stock properties of bitcoin. Design/methodology/approach: Daily data of bitcoin returns, returns volatility and trading volume (TV) are utilized for the period August 17,...

Purpose: The purpose of this study is to examine whether the electricity consumption patterns across Indian states do converge. Design/methodology/approach: This study considers 18 Indian states spanning over the period 1970-1971 and 2014-2015, using the recently developed Phillips and Sul...

Purpose: This paper investigates the per-capita output club convergence in case of 120 countries for the period 1995–2015. Further, we disaggregate per-capita output into three broad sectors such as agriculture, industry, and service and investigate the convergence hypothesis....