Multiplicative effect as a space sector efficiency evaluation method

Authors: Rodionova V.G. Published: 18.06.2015
Published in issue: #7(33)/2015  
DOI: 10.18698/2306-8477-2015-7-272  
Category: Economic and legal problems of engineering education | Chapter: Economics  
Keywords: autonomous consumption, autonomous outlay (investment), autonomous net taxes, fiscal (budget and tax) policy, limited economic resources (shortage of economic resources, deficiency of economic resources), space field, multiplicative effect, multiplier of expenditures, "cost-profit", economic efficiency

Efficiency criteria and indexes in space industry rely on its cost effectiveness evaluated as the net results the sectors of the industry yield assessed against budgetary funds and bankroll used to support them. The approach used to estimate the "multiplicative effect" that the space industry arguably spins off indeed requires thorough investigation to be appropriately applied to such specific industries and indicators of efficiency of their activity. Issues related to the approach used to evaluate economical efficiency of "autonomous investment" considered to be an alternative way to support the space industry instead of budgetary funding are also becoming controversial.

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