Scholarly edition
The European Satellite Industry: Prospects for Liberalization
Abstract
This paper evaluates the effects of liberalizing access to the space sector, as currently envisaged by the EC Commission. We undertake an econometric evaluation of the degree of scale economies in satellite operations and calibrate a Cournot model of competition in which the effect of liberalization is modelled as the segmentation of national markets that currently prevails. We conclude that existing players in the satellite operations industry …
Authors
Neven DJ; Röller L-H; Waverman L