Economic Value of Public Libraries in the UK

Anne Morris · John Sumsion

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Library Science and Administration Library Science and Information Library Collection Development and Digital Resources

Abstract

This paper summarises the results of a research project which assessed the economic impact of the public library service in the UK. Emphasis is given to a general descriptive model based on combining the diverse survey results of previous research, a survey to determine user perceptions of the value of a book loan, a model to illustrate the economic value of book buying compared to book lending in terms of the number of “reads” and estimates of the total value of the public library service to the economy. New performance indicators are also proposed.

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2012An economic valuation study of public libraries in Korea 2013Library return on investment: Defending the contingent valuation method for public benefits estimation 2019The economic value of library services for children: The case of the Czech public libraries 2002The economic value of book borrowing from public libraries 2010Understanding our value; assessing the nature of the impact of library services 2006Use of evidence by nursing students: An interdisciplinary study 2021Undervalued, understaffed, underdeveloped, and underutilized? The status of public libraries in the eleven municipalities of rural Iloilo Province, Philippines 2004Siting of public libraries in retail centres: benefits and effects

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