Cloud economy and its relationship with China’s economy—a capital market-based approach
作者机构：Faculty of FinanceCity University of MacaoTaipaMacaoChina
出 版 物：《Financial Innovation》 (金融创新（英文）)
年 卷 期：2022年第8卷第1期
页 面：1001-1022页
核心收录：
学科分类：0202[经济学-应用经济学] 02[经济学] 1202[管理学-工商管理] 020205[经济学-产业经济学] 0701[理学-数学]
基 金：East China Polytechnic University Hong Kong Polytechnic University, PolyU Peking University, PKU
摘 要：Through the lens of the stock market,we examine whether and how the cloud economy affects China’s *** review the literature on cloud computing and related concepts and propose a definition of the cloud *** on this new definition,we create a China Cloud Economy Index(CCEI)and its *** stock market data from 2012 to 2020,we analyze the basic characteristics of these indices,their validity,and their relationship with the overall stock *** robustness of the new index is also *** find that the relationship between the CCEI and the stock market had been getting stronger but weakened somewhat after January 11,2019 plausibly because of the availability of recent cloud-related policies that have widened the gap between the market performance of CCEI and that of the stock market.
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