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Papers & Publications : Tourism : Economics

Published:	2002
Author:	Patrick Collins
Origin:	Space Policy, Vol 18, No 3, pp 183-97

Abstract:	Without doubt, humans' most urgent need at the start of the new millennium is the continuation of economic growth, which is the only means by which the great majority of the world population can lift themselves out of the poverty in which they live. A sine qua non for continuing economic growth is for the rich countries to continue to develop new industries - as they did throughout the 20th century, thereby creating high-productivity employment for hundreds of millions of people around the world. Arguably the most significant of these thus far is the development of passenger air travel from zero in 1900 to 1.5 billion passengers per year by 2000. It is becoming clear that passenger space travel could grow to reach a similar economic scale-and that no other space activity has comparable potential. The paper describes the potential contribution to world economic growth of passenger space travel; the failure of government space agencies either to aid its development or to make a contribution to economic growth commensurate to their cost; and the value for economic policy of prioritising the realisation of passenger space travel. The faster passenger space travel services grow, the more the space industry will contribute to ''Meeting the Needs of the New Millennium''.
References:	Economically Viable Public Space Travel Researching the Space Tourism Market Status Report on Space Tour Vehicle 'Kankoh-maru' of Japanese Rocket Society Space Tourism in Japan - The Growing Consensus How Much New Technology is Required for Future Reusable Launch Systems? Space Tourism - The Key to Low Cost Access to Space Hearing on Space Tourism: Testimony by Buzz Aldrin International Cooperation in Space: New Government and Industry Relationships Report of an AIAA/CEAS/CASI workshop Space in Japan Space Hotels: Civil Engineering's New Frontier The Economic Impact of NASA R&D Spending The National Aeronautics and Space Administration: An Overview and FY 1999 Budget Analysis Measuring the Economic Impact of Federal R&D Investments in Civil Space Activities Journal of Aerospace Engineering Space News Public choice economics and space policy: realising space tourism The Cost of Governments' Monopolisation of Space Travel Towards Space Tourism: The Challenge for British Space Policy Space Activities, Space Tourism and Economic Growth Space Tourism: A Remedy for 'Crisis in Aerospace' Cash-starved RLV firms remain grounded The Coming Commercial Passenger Space Transportation Market Journal of the British Interplanetary Society Acta Astronautica
Referred to by:	What the Growth of a Space Tourism Industry Could Contribute to Employment, Economic Growth, Environmental Protection, Education, Culture and World Peace

Related Entries:	IAF Congress Aviation Week and Space Technology Kankoh-Maru American Institute for Astronautics and Aeronautics Japanese Rocket Society Bristol Spaceplanes Dietrich Koelle Dennis Tito Buzz Aldrin Ivan Bekey MirCorp International Space Station National Science Foundation Sean O'Keefe Daniel Goldin General Public Space Travel and Tourism Volume 1 - Executive Summary Federal Aviation Administration Ariane European Space Agency
Keywords:	Tourism:Economics

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