The Returns to Public Library Investment

A-Tier
Journal: American Economic Journal: Economic Policy
Year: 2024
Volume: 16
Issue: 2
Pages: 78-109

Authors (3)

Gregory Gilpin (not in RePEc) Ezra Karger (Federal Reserve Bank of Chicag...) Peter Nencka (not in RePEc)

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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.

Technical Details

RePEc Handle
repec:aea:aejpol:v:16:y:2024:i:2:p:78-109
Journal Field
General
Author Count
3
Added to Database
2026-01-25