Financial Innovation

, 3:7 | Cite as

Erratum to: Analysis on the influence factors of Bitcoin’s price based on VEC model

Open Access


After publication of the original article (Zhu et al. 2017), the author has noticed some error with the figure citation in Results and Discussion section, under the title ‘VEC model’ and ‘Impulse response function’. Details are as follows:
  1. (1)

    “Finally we test VEC stability condition, Fig. 1 is the AR roots graph, and all the spots are in the unit circle so the model is stable.”

‘Figure 1’ should be corrected to ‘Fig. 2’.
  1. (2)

    “Figure 2 shows the results of impulse response function (Fig. 3).”

This sentence should be corrected to “Fig. 3 shows the results of impulse response function.”
  1. (3)

    “Figure 2 shows that the impulse response of BTC to all the other variables is zero in the first period.”


‘ Figure 2’ should be corrected to ‘Fig. 3’.

The original article has been updated. We apologize for any inconvenience caused.


  1. Zhu Y et al. (2017) Analysis on the influence factors of Bitcoin’s price based on VEC model. Financial Innovation 3:3. doi: 10.1186/s40854-017-0054-0 CrossRefGoogle Scholar

Copyright information

© The Author(s). 2017

Open AccessThis article is distributed under the terms of the Creative Commons Attribution 4.0 International License (, which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.

Authors and Affiliations

  1. 1.School of FinanceCentral University of Finance and EconomicsBeijingChina
  2. 2.Department of Economics, Birmingham Business SchoolUniversity of BirminghamBirminghamUK

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