The returns to public library investment (Record no. 527856)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02258nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240930b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Gilpin, Gregory, Karger, Ezra and Nencka, Peter |
| 245 ## - TITLE STATEMENT | |
| Title | The returns to public library investment |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | American Economic Journal: Economic Policy |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 16(2), May, 2024: p.78-109 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | This article examines the effects of public library capital investment in the United States, where local governments spend over $12 billion annually to operate 15,427 public libraries. Using near-universe data, the study finds that library investment increases visits, children’s attendance at events, and circulation by 5–15 percent in subsequent years. These increases in library use translate into measurable educational benefits: a $200 or greater per-student capital investment in local public libraries raises reading test scores in nearby school districts by 0.01–0.04 standard deviations. The findings highlight the significant returns to cultural and educational infrastructure, underscoring the role of libraries in advancing literacy, community engagement, and public policy goals. Local governments spend over $12 billion annually funding the operation of 15,427 public libraries in the United States, yet we know little about their effects. We use data describing the near universe of public libraries to show that public library capital investment increases library visits, children's attendance at library events, and children's circulation by an average of 5–15 percent in the years following investment. Increases in library use translate into improved test scores in nearby school districts: a $200 or greater per student capital investment in local public libraries increases reading test scores by 0.01–0.04 standard deviations in subsequent years.- Reproduced https://www.aeaweb.org/articles?id=10.1257/pol.20210300 |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Public Policy, Public Libraries, Library Investment, Education Outcomes, Reading Test Scores, Children’s Attendance, Circulation, Capital Expenditure, Local Government Spending, Cultural Economics, United States |
| 9 (RLIN) | 58944 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | American Economic Journal: Economic Policy |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) | |
| Subject DIP | PUBLIC POLICY |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2024-09-30 | 16(2), May, 2024: p.78-109 | AR133289 | 2024-09-30 | Articles |