Economic impact of space expenditures

Expert InsightsPublished 1966

Text of a briefing presented to the Director and staff of NASA's Office of Manned Space Flight on 10 May 1966. The author provides background information on the effect of space program funding decisions on national economic activity and policy. The discussion includes: (1) a general review of economic changes resulting from government spending; (2) a description of the "multiplier" effect of government spending on total aggregate demand; (3) an appraisal of the economic impact of space expenditures in terms of manpower, materials, lead times, and the "multiplier" effect; and (4) the author's view of justifying space program spending on economic grounds. 16 pp.

Document Details

  • Copyright: RAND Corporation
  • Availability: Web Only
  • Year: 1966
  • Pages: 18
  • Document Number: P-3386

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Chicago Manual of Style

Economic impact of space expenditures. Santa Monica, CA: RAND Corporation, 1966. https://www.rand.org/pubs/papers/P3386.html.
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