The economic and social benefits of space communication : A global overview of past, present and future applications |
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Authors: | Joseph N Pelton |
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Institution: | Dr Pelton is with the Interdisciplinary Telecommunications Program, University of Colorado, Campus Box 530, Boulder, CO 80309-0530, USA |
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Abstract: | This study takes two different approaches to trying to estimate the ‘worth’ of satellite applications, one based upon tariff services and their pyramidal value and the other of estimating derived benefits on a sector-by-sector basis to total the economic value of business and application satellite services. These procedures result in an order-of-magnitude estimate for direct and indirect benefits of satellites of $390 billion per year or about 2% of the global economy. Estimations of social benefits are more difficult to quantify. The business, cultural, social and educational benefits of satellite communications are shown to be tremendous, and wherever possible clear economic terms are used. |
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