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The European space-industrial complex: New myths, old realities

Author

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  • Vasilis Zervos

    (Department of Economics, University of Strasbourg, France)

Abstract

This article is an economic analysis of the main factors affecting the evolution of the European space industry. The critical role of the government is analyzed with regard to both military alliances and civilian intergovernmental collaboration. The analysis explores how moving from a pure public goods paradigm in collaborative projects toward a commercially-oriented, competitiveness-enhancing paradigm leads to duplication of effort and rivalries within the space agencies and other organizations. Drawing on the example of defense alliances such as NATO, the article illustrates cooperation challenges faced both at European and transatlantic levels as competition and rivalry result from inter-alliance specialization and the difficulties involved in the allocation of benefits.

Suggested Citation

  • Vasilis Zervos, 2017. "The European space-industrial complex: New myths, old realities," Economics of Peace and Security Journal, EPS Publishing, vol. 12(1), pages 28-36, April.
    • Handle: RePEc:epc:journl:v:12:y:2017:i:1:p:28-36
    as

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    File URL: http://www.epsjournal.org.uk/index.php/EPSJ/article/view/284
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    References listed on IDEAS

    as
    1. Keith Hartley, 2014. "The Political Economy of Aerospace Industries," Books, Edward Elgar Publishing, number 15326.
    2. Zervos, Vasilis & Siegel, Donald S., 2008. "Technology, security, and policy implications of future transatlantic partnerships in space: Lessons from Galileo," Research Policy, Elsevier, vol. 37(9), pages 1630-1642, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Space; defense; alliances; rivalry;
    All these keywords.

    JEL classification:

    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
    • H40 - Public Economics - - Publicly Provided Goods - - - General
    • H57 - Public Economics - - National Government Expenditures and Related Policies - - - Procurement

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