Placing an Economic Value on GPS

“With other industries fighting for the finite raw material of spectrum, the GPS industry must continue to generate and update its economic valuation work or risk being marginalized in policy debates.” Bartlett Cleland

Dee Ann Divis

The nation’s leading GPS experts are struggling to quantify how the world’s premier navigation and timing system affects the U.S. economy, an effort critical to building a political firewall around GPS spectrum in the face of ballooning demand for broadband capacity.

“It is an impossible question,” said James Schlesinger, chairman of the National Space-Based Positioning, Navigation, and Timing (PNT) Advisory Board. “It’s methodologically harder than evaluating the Gross Domestic Product. What we are being asked to do is calculate something that is incalculable.”

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