IV panel estimates yield gas demand elasticities of -0.006 on Ethereum and -0.036 on Arbitrum, with L2 more responsive and variation by resource type and user cluster.
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Price Elasticity of Gas Demand on L1 and L2: Evidence from Ethereum and Arbitrum
IV panel estimates yield gas demand elasticities of -0.006 on Ethereum and -0.036 on Arbitrum, with L2 more responsive and variation by resource type and user cluster.