G2TT
来源类型Discussion paper
规范类型论文
来源IDDP813
DP813 The European Satellite Industry: Prospects for Liberalization
Damien J. Neven; Lars-Hendrik Röller; Leonard Waverman
发表日期1993-09-30
出版年1993
语种英语
摘要This paper evaluates the effects of liberalizing access to the space sector, as currently envisaged by the EC Commission. We undertake an econometric evaluation of the degree of scale economies in satellite operations and calibrate a Cournot model of competition in which the effect of liberalization is modelled as the segmentation of national markets that currently prevails. We conclude that existing players in the satellite operations industry would make negative profits under liberalization. We find that four players would break even and operate close to the minimum efficient scale (of about ten satellites). We also conclude that some consolidation is required in the production of satellites. In both cases it seems that intervention by a supra-national authority like the EC Commission would be useful.
关键词Deregulation Satellite industry Space
URLhttps://cepr.org/publications/dp813
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/529980
推荐引用方式
GB/T 7714
Damien J. Neven,Lars-Hendrik Röller,Leonard Waverman. DP813 The European Satellite Industry: Prospects for Liberalization. 1993.
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