Regional Economics: Theory and Practice

Economic aspects of space tourism development in regions: Reviewing the present-day ideas

Vol. 16, Iss. 4, APRIL 2018

Received: 20 February 2017

Received in revised form: 1 November 2017

Accepted: 15 March 2018

Available online: 14 April 2018


JEL Classification: B50, L83, R11

Pages: 775–788

Ruban D.A. Southern Federal University, Rostov-on-Don, Russian Federation

ORCID id: not available

Importance This article discusses the issues of development of the Russian industry of tourism and hospitality, diversification of offered services, and creation of new incentives to attract domestic and foreign tourists.
Objectives The article aims to make a critical analysis of modern views and ideas about the economic aspects of space tourism development in the regions.
Methods For the study, I used the methods of critical analysis and concept-based constructions and definitions. The article considers the findings of various researchers and the U.S. experience of creating a spaceport, in particular.
Results Modern works reflect a positive outlook on the prospects of space tourism. The importance of space tourism for the regional economy increases taking into consideration local land works. This is relevant in light of the information on the functioning of spaceport in the state of New Mexico.
Conclusions The broad interpretation of space tourism contributes to its development by fixing it to a specific territory, to a greater extent. Space tourism can be integrated into the regional innovation system, which is important for creation, improvement and promotion of favorable image of the region. The article conclusions can be used to discuss the initiative related to space tourism in Russia, regional planning, and the development of State programs.

Keywords: innovation, space tourism, critical analysis, image, region, regional economy


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