Skip to main content
Log in

Multi-Level Structure of the International Space Market and Analysis of Labor Productivity in the Rocket and Space Industry

  • Published:
Cosmic Research Aims and scope Submit manuscript

Abstract

Topical issues of the structure and evaluation of the volume of the international space market, as well as the efficiency of enterprise activity in the rocket and space industry are considered. A five-level value chain model of the space market is proposed (“products”–“infrastructure”–“services”–“factors in the formation of public goods”). It was shown that the application of various approaches to eliminating double counting arising from the addition of volumes of product deliveries “inside” the rocket and space industry and deliveries of products and services to end users, where these “internal” deliveries are included in the cost of the corresponding operator, can lead to a discrepancy in estimating market volume by more than one and a half times. It has been demonstrated that the use of the added value estimation considering purchasing power parity leads to a convergence of labor productivity estimates in the domestic and foreign rocket and space industries (50–60% of the corresponding indices for the US and German space industries). The expediency of further studies aimed at transferring from a model implementation of the proposed approaches to the formation of a full segmented estimation of the international space market (ISM) based on added cost is determined.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

Fig. 1.

Similar content being viewed by others

REFERENCES

  1. Grimard, M., Economical sustainability of the space value chain: Role of government, industry, and private investors, in Toulouse Space Show 2012, IISL/IAA Space Law and Policy Symposium Session 1a: Towards Effective Sustainability for Outer Space Activities, 2012.

  2. Satellite Value Chain: Snapshot 2017, Paris: Euroconsult, 2017.

  3. Payson, D.B., Towards a comparative analysis of approaches to the development of international space market model, Issled. Kosmosa, 2018, no. 2, pp. 34–52.

  4. Frolov, I.E., Development of world hi-tech industries and space markets: Whether space aeronautics will become a new global innovation?, Ekon. Nauka Sovrem. Ross., 2017, no. 4, pp. 43–57.

  5. The Space Economy in Figures: How Space Contributes to the Global Economy, Paris: OECD Publishing, 2019. https://doi.org/10.1787/c5996201-en

  6. Payson, D.B., Features of the application of the category of public good to efficiency analysis of the institutional framing of space activity, Teor. Prikl. Ekon., 2018, no. 4, pp. 1–20.

  7. State of the satellite industry 2019, Satellite Industry Association. www.sia.org/wp-content/uploads/2019/05/ 2019-SSIR-2-Page-20190507.pdf (accessed October 4, 2019).

  8. The Space Report 2017, Arlington: Space Foundation, 2017.

  9. ASD-Eurospace Facts and Figures 2017, Paris: Eurospace, 2017.

  10. The Case for Space 2015. The impact of space on the UK economy, London: London Economics, 2015.

  11. Graziola, G., The Italian space industry in 2010–2012. Structure, performance and returns from a high-tech sector, L’industria, 2016, no. 1, pp. 11–50.

  12. Graziola, G., The space economy and its statistics: What do they tell us?, New Space, 2018, vol. 6, no. 4, pp. 269–286.

    Article  ADS  Google Scholar 

  13. Yanik, A.A., On the concept of “space economics,” Trendy Upr., 2018, no. 1, pp. 51–66.

  14. Payson, D.B., Matrix modeling of the interaction of value creator chains in the problems of managing structural transformations of the rocket and space industry, Probl. Upr., 2016, no. 6, pp. 26–34.

  15. System of National Accounts 2008, New York: EC, IMF, OECD, UN, WB, 2009. https://unstats.un.org/unsd/ publication/seriesf/SeriesF_2Rev5e.pdf (accessed October 22, 2019).

  16. Measuring Productivity: Measurement of Aggregate and Industry-Level Productivity Growth, OECD Manual, Paris: OECD, 2001.

  17. Solving the Productivity Puzzle: the Role of Demand and the Promise of Digitization, McKinsey Global Institute, 2018.

  18. Calculation technique for the index of labor productivity, Order no. 274 of April 28, 2018, Rosstat, 2018.

  19. Nabiullina, E.S., Results of the activity of the Ministry of Economic Development and Commerce in 2007 and objectives for 2008. Presentation at the Summary Forum of Ministry of Economic Development on March 25, 2008. http://economy.gov.ru/wps/wcm/connect/ cae70d0040a03885b0dbf6b1e9ba48ef/presentation_ 250308_super_final.ppt?MOD=AJPERES&CACHEID= cae70d0040a03885b0dbf6b1e9ba48ef (accessed October 22, 2019).

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to D. B. Payson.

Additional information

Translated by N. Topchiev

Rights and permissions

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Payson, D.B., Frolov, I.E. Multi-Level Structure of the International Space Market and Analysis of Labor Productivity in the Rocket and Space Industry. Cosmic Res 58, 218–226 (2020). https://doi.org/10.1134/S0010952520030053

Download citation

  • Received:

  • Revised:

  • Accepted:

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1134/S0010952520030053

Navigation