Methods
2013 Return on Investment Study
How were the Return on Investment and the Economic Benefits of Florida Public Libraries derived?
- Survey data was collected during the study.
- We performed an econometric simulation that took taxpayer funds away from public libraries, and distributed them to other government sectors. This simulation:
- Modeled what would happen if libraries in Florida disappeared.
- Forecasted impacts over a 32-year period.
- Demonstrated the economic role public libraries play in Florida's economy.
This study was commissioned by the Florida Department of State's Division of Library and Information Services, and is an update of two previous studies in 2004 and 2008.