Placing a Value on Public Library Services
by
Glen E. Holt, Donald Elliott, and Amonia Moore
ABSTRACT: Study to apply economic measurements to value public investment in library services.
TABLE OF CONTENTS:
Introduction
Getting Started
Goals for the Study
Cost-Benefit Analysis: The Tool to Measure Library Benefits
Economic Impact Analysis and Cost Benefit Analysis
CBA Estimates Two Different Benefits
Difficulties in the Measurement of Indirect Benefits
SLPL Project Focused on Direct Benefits
Methods to Measure Direct Benefits
How the Methodology Was Tested
Construction of the Service/User Matrix
Development of Survey Instruments: Use of Focus Groups
Consumer Surplus Valuation of Services: Pricing Market Substitutes for Library Services
Organization of the Telephone Survey
The Estimated Benefits -- First Survey Results
Refinement of the Consumer Surplus Estimates -- Resurvey
Measurement of Benefits to Businesses and Schools
Results of the SLPL Study
Limits, Needs and Prospects: Toward A Transportable Valuation Methodology
Footnotes
Bibliography
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