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An Exploratory Meta Analysis of Library Economic Valuation Studies

  • Journal of the Korean Society for Library and Information Science
  • 2009, 43(4), pp.117-137
  • DOI : 10.4275/KSLIS.2009.43.4.117
  • Publisher : 한국문헌정보학회
  • Research Area : Interdisciplinary Studies > Library and Information Science
  • Received : November 16, 2009
  • Accepted : December 7, 2009

Hye-Kyung Chung 1 KO, YOUNG MAN 2 SHIM, WONSIK 2 Soonhee Pyo 3

1KDI국제정책대학원대학교
2성균관대학교
3이화여자대학교

Accredited

ABSTRACT

This study aims to grasp how to understand the difference in return on investment (ROI) or the cost-benefit ratio in forty-two domestic and overseas studies of library valuation, using a meta-analytical review method. Meta-analysis, a quantitative analysis on the findings of previous studies, was conducted to gather the general findings and lessons from prior empirical research. The results of meta-regression analysis indicate that the pattern of findings is consistent with our expectations regarding the effect of benefit scope and per capita GDP included in the ROI figure. This study appears to be the first meta-analytical review conducted on library valuations and the findings provide strong implications for the policy-making process.

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