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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP813 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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