ECONOMETRIC ANALYSIS OF SPACE ECONOMY REVENUES
ECONOMETRIC ANALYSIS OF SPACE ECONOMY REVENUES

Summary/Abstract: Over the last decade, the space economy has evolved into a viable strategy that encompasses a dynamic and growing sector with more actors involved, backed by national and global regulations. This sector, which has advanced technology and advanced information needs, rises to the funding of giant space investor businesses that want a piece of the sector as the big governments' space budgets gradually increase year after year. The parameters influencing total space earnings obtained from various space activities aggregated from multiple data centers were investigated in this study. For this goal, the data of ten states that stand out with their space investments from 2008 to 2020 were evaluated in the panel econometrics model constructed. A positive relationship was discovered between the variables that were statistically significant and the dependent variables as a result of the analysis made between the number of internet users, public investments in space, the number of spacecraft, employment in the space sector, and the number of space companies.

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