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Competition, Procurement and Learning-By-Doing in the Space Launch Industry / Ruibing Su, Chenyu Yang, Andrew Sweeting.
- Format:
- Book
- Author/Creator:
- Su, Ruibing.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w34766.
- NBER working paper series no. w34766
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2026.
- Summary:
- We estimate a dynamic model of the U.S. space launch industry. The model allows past launches to improve rocket reliability and lower launch costs. It also allows the government to make forward-looking procurement choices. We use the model to analyze policy-relevant issues in the recent history of the industry: the 2006 United Launch Alliance "merger-to-monopoly" and the effects of efficiencies in the form of learning synergies; innovations, such as SpaceX's Falcon 9 and ULA's recent introduction of Vulcan Centaur; the costs and benefits of forward-looking procurements; and, the trade-offs between the advantages of centralized control and possible inefficiencies.
- Notes:
- January 2026.
- Print version record
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