Matt Harrington Leslie O’Brien October 18, 2011. Need for a quantitative tool to analyze cost and...
-
Upload
levi-forsey -
Category
Documents
-
view
216 -
download
1
Transcript of Matt Harrington Leslie O’Brien October 18, 2011. Need for a quantitative tool to analyze cost and...
ESTIMATING JOURNAL VALUE – ONE APPROACH FROM VIRGINIA TECH
Matt HarringtonLeslie O’Brien
October 18, 2011
THE SERIALS BUDGET
Need for a quantitative tool to analyze cost and use data for electronic serials
Databases + E-journals 90% E-journals up 9% from
07/08 Print budget halved in 3
years 2010 online serials usage:
2,106,913
3%
69%
20%
0% 0% 0% 0% 2% 0%
5%
0%
2010/2011 Serials Budget Allocations
Books E-Journals DatabaseseBook Map Music ScoreMicroform Newspaper Print + OnlineComputer File Serial Print Stream MediaOther
ELECTRONIC SERIALS
4224 Subs (4060 Titles): 70% of e-journal budget
(based on 08/09 exp) 50% total e-journal usage
(based on 2009 JR1 reports) 18% of total e-journal
titles(based on 08/09 ARL stats)
Total Cost/Sub rose 7.45%
2008 2009 2010$530.00
$540.00
$550.00
$560.00
$570.00
$580.00
$590.00
$600.00
Cost/Sub
PREVIOUS PROJECTS/SERVICES
BUD (the Big Ugly Database) Labor intensive Large and unwieldy Limited functionality
Serials Solutions’ 360 Counter Left burden of data clean-up to the library Costly for its purpose Limited functionality
Tables, Queries and Relationships
THE DESIGN OF THE SERIALS REVIEW DATABASE
CATALOG DATA
Holdings Bibliographic Info. Order Records Resource Records Access Providers
USAGE DATA
THE JR1 QUERY Platform/Access
Provider Print ISSN/Online ISSN
Concatenation: ISSN-L/ACCS PRVDR CODE
THE HOLDINGS QUERY
Concatenation: ISSN-L/ACCS PRVDR CODE
TRACKING SUBSCRIPTIONS OVER TIME
SCode1: Code used to denote current subscriptions
RELATIONSHIPS
QUERIES UPON QUERIES
Not just Cost/Use by subscription but also:
Use by ISSN Use by Platform Use by Subject Cost/Title by Subject Cost/Use by Subject
Averages, Medians, and Totals
THE BIG PICTURE: LOOKING AT TRENDS
THE SAMPLE
4224 Subscriptions (4060 titles) met the criteria:
Orders were cataloged as e-journal orders
Currently received 2008-2010 Non-consortial JR1 usage reports were available 2008-
2010
TOTAL USAGE BY SEMESTER AND MONTH
2008 Jan-Jun 2008 Jul-Dec 2009 Jan-Jun 2009 Jul-Dec 2010 Jan-Jun 2010 Jul-Dec400000
420000
440000
460000
480000
500000
520000
540000
Jan
2008
Feb
2008
Mar 2
008
Apr 2
008
May 2
008
Jun
2008
Jul 2
008
Aug 2
008
Sep
2008
Oct 2
008
Nov 2
008
Dec 2
008
Jan
2009
Feb
2009
Mar 2
009
Apr 2
009
May 2
009
Jun
2009
Jul 2
009
Aug 2
009
Sep
2009
Oct 2
009
Nov 2
009
Dec 2
009
Jan
2010
Feb
2010
Mar 2
010
Apr 2
010
May 2
010
Jun
2010
Jul 2
010
Aug 2
010
Sep
2010
Oct 2
010
Nov 2
010
Dec 2
010
0
20000
40000
60000
80000
100000
120000
TOTALS, AVERAGES, AND MEDIANS2008 2009 2010
2008-2010 Change
Total Cost/Sub $551.93 $569.46 $593.07 7.45%
Total Use/Sub 215 224 228 6.16%
Median Use/Sub 67 70 73 8.96%
Total Cost/Use $2.57 $2.54 $2.60 1.22%
Average Sub Cost/Use
$23.96 $19.06 $21.31 -11.07%
Median Sub Cost/Use
$4.19 $3.98 $3.84 -8.35%
2008 2009 2010$0.00
$5.00
$10.00
$15.00
$20.00
$25.00
$30.00
Total Cost/UseAverage Cost/UseMedian Cost/Use
COST/USE BY SUBJECT
2008-2010 data (5 or more titles per subject, 111 subjects)
AP BJ BV DA DT G GF H HD HM HV JF K ML NX PE PR QB QH QR RC RG RM SB TA TJ TP U$0.00
$5.00
$10.00
$15.00
$20.00
$25.00
Total Cost/UseAverage Cost/UseMedian Cost/Use
Packages, Subjects and Titles
THE UNIVERSITY OF CHICAGO PRESS ANALYSIS
CHICAGO UNIVERSITY PRESS
Titles moved to the JSTOR Platform 2011
Price increased for 2011 Number of titles increased for 2011
Analyzed the 2011 stats for the 2012 renewal 2010 stats were complicated because of
the platform change, but JSTOR created the JR1b
2011 stats were gathered for the Jan.-Aug. period
PUTTING IT ALL TOGETHERThe database could already: Provide Cost, Use and Cost/Use for 2008-2010 Provide LC subjects and impact factors for each title
Additional work: 2011 JR1 for January-August (modified calculations) Query A was limited by platform and 2011 use added Query was exported to Excel for additional calculations
Summary data (totals, averages and medians by year) Differences calculated from 2009 to 2011 as percentages
MAKING COMPARISONS
Calculations
Cost/Use analysis
(4060 Titles)Annual 2008-
2010
Cost/Use analysis
(4060 Titles)2008-2010
Chicago study(28-49 Titles)
2009-2011
Total Cost 3.66% 7.45% 18.35%Total Use 3.04% 6.16% 12.42%
Total Cost/Sub 3.66% 7.45% -32.37%
Total Use/Sub 3.04% 6.16% -11.95%Total
Cost/Use 0.62% 1.22% -7.49%Median
Cost/Use -4.26% -8.35% -19.01%
2008 COST/USE 2009 COST/USE 2010 COST/USE 2011 COST/USE$0.00
$1.00
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
Chicago Cost/UseOverall Cost/Use
CARRYING THE ANALYSIS FURTHER
•Three of the peaks in the Average Cost/Use include less than 5 titles (HJ, KF, PM)•There are an average of 45 titles in each of these subjects with a median of 39
AP BL CB DA EHB HD HJ
HQ K L N PA Q QEQK RA Z
$0.00
$10.00
$20.00
$30.00
$40.00
$50.00
$60.00
$70.00
$80.00
Total Cost/Use 2008-2010Chicago Cost/Use 2011