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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25188 |
来源ID | Working Paper 25188 |
The Rise of Cloud Computing: Minding Your P\u2019s, Q\u2019s and K\u2019s | |
David Byrne; Carol Corrado; Daniel E. Sichel | |
发表日期 | 2018-10-29 |
出版年 | 2018 |
语种 | 英语 |
摘要 | Cloud computing—computing done on an off-site network of resources accessed through the Internet—is revolutionizing how computing services are used. However, because cloud is so new and it largely is an intermediate input to other industries, it is difficult to track in the U.S. statistical system. Moreover, there is a paucity of systematic information on the prices of cloud services. To begin filling this gap, this paper does three things. First, we define the different segments of cloud computing and document its explosive expansion. Second, we develop new hedonic prices indexes for cloud services based on quarterly data for compute, database, and storage services offered by Amazon Web Services (AWS) from 2009 to 2016. These indexes fall rapidly over the sample period, with quickening (and double digit) rates of decline for all three products starting at the beginning of 2014. Finally, we highlight the puzzle of why investment in IT equipment in the NIPAs has been so weak while capital expenditures have exploded for IT equipment associated with cloud infrastructure. We suggest that cloud service providers are undertaking large amounts of own-account investment in IT equipment and that some of this investment may not be captured in GDP. |
主题 | Macroeconomics ; Consumption and Investment ; Business Cycles ; Industrial Organization ; Market Structure and Firm Performance ; Development and Growth ; Innovation and R& ; D ; Growth and Productivity |
URL | https://www.nber.org/papers/w25188 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582862 |
推荐引用方式 GB/T 7714 | David Byrne,Carol Corrado,Daniel E. Sichel. The Rise of Cloud Computing: Minding Your P\u2019s, Q\u2019s and K\u2019s. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w25188.pdf(1025KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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