Accounting for Cloud Computing in the National Accounts

Digitalization and the innovative use of digital technologies is changing the way we work, learn, communicate, buy and sell products. One emerging digital technology of growing importance is cloud computing. More and more businesses, governments and households are purchasing hardware and software se...

Full description

Bibliographic Details
Main Author: Baer, Andrew
Other Authors: Lee, Kwangwon, Tebrake, James
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2020
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 03180nmm a2200589 u 4500
001 EB002081288
003 EBX01000000000000001221378
005 00000000000000.0
007 cr|||||||||||||||||||||
008 220928 ||| eng
020 |a 9781513550459 
100 1 |a Baer, Andrew 
245 0 0 |a Accounting for Cloud Computing in the National Accounts  |c Andrew Baer, Kwangwon Lee, James Tebrake 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2020 
300 |a 32 pages 
651 4 |a United States 
653 |a Revenue administration 
653 |a Service exports 
653 |a Social security 
653 |a Public finance & taxation 
653 |a Technology 
653 |a Cloud computing 
653 |a Taxes 
653 |a Telecommunications 
653 |a Trade: General 
653 |a Exports and Imports 
653 |a International economics 
653 |a Information technology in revenue administration 
653 |a Welfare & benefit systems 
653 |a Employee contributions 
653 |a Cloud Computing 
653 |a International trade 
653 |a Taxation, Subsidies, and Revenue: General 
653 |a Exports 
653 |a Personal Income and Other Nonbusiness Taxes and Subsidies 
653 |a Taxation 
653 |a Public Finance 
653 |a Environmental Accounts 
653 |a Imports 
653 |a Revenue 
653 |a Measurement and Data on National Income and Product Accounts and Wealth 
653 |a Computer Software 
653 |a Information and Internet Services 
700 1 |a Lee, Kwangwon 
700 1 |a Tebrake, James 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Working Papers 
028 5 0 |a 10.5089/9781513550459.001 
856 4 0 |u https://elibrary.imf.org/view/journals/001/2020/127/001.2020.issue-127-en.xml?cid=49564-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a Digitalization and the innovative use of digital technologies is changing the way we work, learn, communicate, buy and sell products. One emerging digital technology of growing importance is cloud computing. More and more businesses, governments and households are purchasing hardware and software services from a small number of large cloud computing providers. This change is having an impact on how macroeconomic data are compiled and how they are interpreted by users. Specifically, this is changing the information and communication technology (ICT) investment pattern from one where ICT investment was diversified across many industries to a more concentrated investment pattern. Additionally, this is having an impact on cross-border flows of commercial services since the cloud service provider does not need to be located in the same economic territory as the purchaser of cloud services. This paper will outline some of the methodological and compilation challenges facing statisticians and analysts, provide some tools that can be used to overcome these challenges and highlight some of the implications these changes are having on the way users of national accounts data look at investment and trade in commercial services