Connectedness networks (IMAGE)
Caption
This figure represents the net pairwise directional spillovers between NFT and DeFi instruments and CA markets for 0.01, 0.05, 0.95 and 0.99 quantiles. The sizes of the network nodes indicate the magnitude of the net transmission or receipt of shocks. The arrows indicate the direction of an innovation flow from the blue nodes, which represent net contributing variables, to the yellow nodes, which symbolize variables behaving as net shock receivers. The thickness of the arrows represents the strength of the transmitter-receiver interaction.
Credit
Bikramaditya Ghosh (Harper Adams University, UK), Mariya Gubareva (Universidade de Lisboa, Portugal), Noshaba Zulfiqar (Namal University, Pakistan), Ahmed Bossman (LUT University, Finland).
Usage Restrictions
Credit must be given to the creator. Only noncommercial uses of the work are permitted. No derivatives or adaptations of the work are permitted.
License
CC BY-NC-ND