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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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