Abstract
This paper examines the European space industry and the causes and effects of its recent restructuring. Following this analysis, the effects of a newly emerging European military space market in the competitiveness of the industry in commercial product markets are presented. It is shown that these effects are positive and sensitive to the demand characteristics of the European military space market, as well as the size of the joint economies in production of military and commercial space products. the policy implications of this are that the cooperation of the WEU and the ESA in establishing the required technical specifications of the contracted products is beneficial for the competitiveness of the European space industry.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Euroconsult (1996). World Space Markets Survey, Government Space Programmes 1996–2006. Euroconsult, Paris, France.
Directorate General III, (1996). The European Aerospace Industry Trading Position and Figures. European Commission, Capital Goods Industries, Brussels, Belgium.
Labohm, H. (1995). Western European Security and the Space Sector. the Netherlands Institute of International Relations. In Booz Allen and Hamilton, Analysis of the European Space Sector — Final Report. Paris, France.
Cooper, A. R., and Hartley, K. (1970). Export Performance and the Pressure of Demand. University of York Studies in Economics, T.&A. Constable, Edinburgh, U.K.
Bulow, I. J., Geanakoplos, D. J., and Klemperer D. P. (1985). Multimarket Oligopoly: Strategic Substitutes and Complements. Journal of Political Economy, 93: 489–511.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1998 Springer Science+Business Media Dordrecht
About this paper
Cite this paper
Zervos, V. (1998). The Economics of the European Space Industry: The Impact of the European Military Space Market on Structure, Conduct and Performance. In: Haskell, G., Rycroft, M. (eds) New Space Markets. Space Studies, vol 2. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-5030-9_15
Download citation
DOI: https://doi.org/10.1007/978-94-011-5030-9_15
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-6112-4
Online ISBN: 978-94-011-5030-9
eBook Packages: Springer Book Archive