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R&D spending and library spending
- To: firstname.lastname@example.org
- Subject: R&D spending and library spending
- From: Jan Velterop <email@example.com>
- Date: Tue, 28 Feb 2006 17:37:58 EST
- Reply-to: firstname.lastname@example.org
- Sender: email@example.com
Library expenditures for serials HAVE risen in line with research spending. You are complaining about something else?Not so much a complaint, Chuck, but more an observation. Heather finds it inconceivable that budgets rise in line with the production of scientific literature and yet the production of scientific literature is, broadly, a direct consequence of spending on R&D. The NSF reports a compound annual growth rate (CAGR) of 9.15% for R&D spending in the US in the 5 years between 1998 and 2003 (a 55% increase in total: http://www.nsf.gov/statistics/infbrief/nsf05315/). If US serials expenditures have gone up by the same percentage each year, I'll eat my words, and I'd be delighted to do that.
However, in the period covered by the ARL graph (http://www.arl.org/ newsltr/204/big1.html) -- still often used even though it covers 1986-1998 -- the CAGR for serials prices is 8.8%. Price rises probably reached their peak in that period and have been going down since, so this percentage is likely to be smaller for 1998-2003. For serial expenditures the CAGR in the same, earlier, period is 8%. If you are right, that has materially gone up since.
Perhaps there's someone on this list who has these figures for the period 1998-2003 to compare them with the NSF R&D statistics?
On 24 Feb 2006, at 23:57, Hamaker, Chuck wrote:
Jan says:" Talking about rituals, isn't it a ritual, too, to complain about prices inc! reasing faster than library budgets? Nothing remotely scientific about it. There would be a point if library budgets had broadly stayed in line with research spending. But they haven't. Isn't it an article of faith that the budgets "could not conceivably rise" in line with the production of scientific literature?"
Response: Library expenditures for serials HAVE risen in line
with research spending. You are complaining about something else?
Associate University Librarian Collections and Technical Services
University of North Carolina Charlotte
Charlotte, NC 28223
phone 704 687-2825
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