도서관 서비스의 경제적 가치 측정의 이론적, 실제적 검토 (Rethinking Theoretical and Practical Issues of Economic Valuation of Library Services)

심원식 (SHIM, WONSIK)

doi:10.4275/KSLIS.2010.44.4.231

Rethinking Theoretical and Practical Issues of Economic Valuation of Library Services

Journal of the Korean Society for Library and Information Science
2010, 44(4), pp.231-247
DOI : 10.4275/KSLIS.2010.44.4.231
Publisher : 한국문헌정보학회
Research Area : Interdisciplinary Studies > Library and Information Science
Received : October 1, 2010
Accepted : November 18, 2010

SHIM, WONSIK ¹

¹성균관대학교

Accredited

ABSTRACT

This research examines a number of theoretical and practical issues when measuring the economic value of library services. In particular, using two recent studies conducted in Korea as illustrations, the study shows how various measurement decisions affect the final outcomes in the economic valuation of library services and thus points to the need for a more reliable study design. Specific areas of measurement discussed include the following: scope of measurement, application of CVM(Contingent Valuation Method), time vs. monetary value measurement, dealing with outliers, allowing alternatives, and the use of estimation. ROI(Return on Investment) scores or benefit cost ratios vary significantly according to different measurement choices even in the same study. There is a need for collecting qualitative data that complements the quantitative data typically collected in economic valuation studies. The outcome of economic valuation of library services should be considered as one of many representations of library values. Practitioners and researchers should exercise caution in interpreting those results but be able to leverage them to better communicate the value of library services.

KEYWORDS

Value, Economics, Outcome, Benefits, Return on Investment(ROI), Benefit Cost Ratio(BC Ratio), Contingent Valuation Method, Stakeholders

Citation status

* References for papers published after 2023 are currently being built.

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Journal of the Korean Society for Library and Information Science 2023 KCI Impact Factor : 0.84

Rethinking Theoretical and Practical Issues of Economic Valuation of Library Services

ABSTRACT

KEYWORDS

Citation status

* References for papers published after 2023 are currently being built.

Journal of the Korean Society for Library and Information Science 2023 KCI Impact Factor : 0.84

Rethinking Theoretical and Practical Issues of Economic Valuation of Library Services

ABSTRACT

KEYWORDS

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* References for papers published after 2023 are currently being built.