42 Pages Posted: 1 Jul 2011 Last revised: 22 Oct 2013
Date Written: June 30, 2011
In this paper we find that advances in cloud computing likely will extend the IT induced economic growth in developed economies and foster growth in economies where IT penetration is not yet fully mature. We conclude that governments should work together to take advantage of the benefits of cloud computing.
Keywords: cloud computing, econometrics, economic model, economic impact, web services, software as a service, cloud computing issues, on-demand computing, scalable computing, outsourcing, virtualization, SaaS, PaaS, IaaS, private clouds, public clouds
JEL Classification: O33, O41
Suggested Citation: Suggested Citation