В.Г. Родионова, Е.В. Князева
18
Space activities and traditional categories
of economic efficiency
©
V.G. Rodionova, Е.V. Knyazeva
Bauman Moscow State Technical University, Moscow, 105005, Russia
The article considers a range of issues related to the problem of using techniques for
measuring the economic and operational efficiency in the space field. Such measurement
techniques are based on the theoretical categories of "opportunity cost", "alternative"
and "sunk costs." The techniques for measuring space activity results by the "cost-
benefit" model; the principles of Pareto efficiency as well as N. Kaldor measurement
technique have still remained controversial. In this context, the problem of economic
choice efficiency when comparing alternatives of budgetary resources allocation, includ-
ing those allocated in space field, becomes the subject of scientific debate.
Keywords:
spheres
of space activity, sectors of space activity, manufacturing, technolog-
ical innovations, scarcity of economic resources, economic and production efficiency,
“cost-benefit” model, technology law, resource capabilities; absolute advantages, com-
parative advantages, opportunity cost, alternative cost, sunk cost, Pareto efficiency,
N. Kaldor method, socio-economic importance of space activities.
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