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The Economic Behavior of Academic Research Libraries: Toward a Theory
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@MISC{Liu_theeconomic,
author = {Lewisg Liu},
title = {The Economic Behavior of Academic Research Libraries: Toward a Theory},
year = {}
}
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Abstract
THISARTICLE EXAMINES THE ECONOMIC BEHAVIOR OF ACADEMIC RE-SEARCH LIBRARIES. It argues that academic research libraries seek to maximize universities ' utility by expanding library collections. The log-linear model that reflects the relationship between library collections and prestige of universities was formulated, tested, and proved to be the best fit of the data. The regression results show that about 40 percent of the variance of the dependent variable can be accounted for by library volume collections and 26 percent can be explained by library serials collections. The findings are consistent with those from a previous study using a different ranking system and sample data and reconfirm that indeed library collections contribute significantly to prestige of universities.
