Economic Impact Analysis of the development of a rocket industry in New Zealand
This report looks at the nature and size of the economic opportunity for New Zealand presented by the development of a rocket launch industry in New Zealand. We were commissioned by the Ministry of Business, Innovation and Employment to undertake this analysis to inform their work on regulation to enable the industry – http://www.mbie.govt.nz/info-services/sectors-industries/space.
Our report identifies a wide range of benefits from direct benefits such as job creation in highly skilled areas, to more speculative catalyst effects such as inspiring more students to study physics (aspiration effects). Overall we estimate that the industry could contribute between $600 and $1,550 million of value add to New Zealand over a 20 year period.