The social value of Earth observation: A new evaluation framework for public high-tech infrastructures

Valentina Morretta, Massimo Florio and Matteo Landoni

Structural Change and Economic Dynamics, 2023, vol. 67, issue C, 407-419

Abstract: This paper addresses the main challenges of evaluating the socio-economic impact of high-tech infrastructures, using Earth observation (EO) as an example. EO is a critical domain of the space economy, providing valuable insights into planet Earth's natural and societal aspects. As national agencies invest in high-tech infrastructures like EO, there is a growing need for evaluate their socio-economic returns (not to be confused with their financial returns). However, there is no clear consensus on how to assess such social impact.

Keywords: Earth observation value; Social cost–benefit analysis; Remote sensing; Socio-economic impact; Research infrastructure (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:67:y:2023:i:c:p:407-419

DOI: 10.1016/j.strueco.2023.09.003

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