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Journal Pricing, Inflation and the Trinity Library

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Journal Pricing, Inflation and the Trinity Library

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    1. Journal Pricing, Inflation and the Trinity Library Diane Graves, University Librarian

    2. Journal Price Inflation 1998-2002

    3. Journal Inflation compared to CPI 1998-2002

    4. What causes extraordinary inflation in scholarly journal pricing? Academic specialization Information is a commodity The “publish or perish” part of the promotion and tenure system The requirement to publish in the best journals in the field drives demand for the best (and often highest-priced) journals

    5. Also… Fewer non-profit publishers For-profit publishers charge what the market will bear Publishing conglomerates like Elsevier are growing their journal lists and operating profitably Each journal, and each article is a single-source provider. Uniqueness negates competition

    6. And…. Costs associated with technology implementation Costs of maintaining infrastructure for print—shipping, paper costs, printing costs

    7. Other pressures Shakeout in U.S. subscription agencies It’s not just the sciences: Increases in social sciences titles Increases in humanities titles

    8. What are Trinity’s solutions? Review subscriptions list annually Provide objective cost, inflation and use information to each department Seek alternatives— Consortial purchases of package deals Cancellation of duplicates in e-formats Document delivery services Interlibrary Loans

    9. TexShare as an important strategy Funded through TIF 634 public and academic libraries participate Provides access to high-quality electronic Reference materials Indexes & abstracts Full text journals Savings to Trinity in FY 2002: $1,173,954 Threatened by state budget constraints See the list under DATABASES on the Coates Library website

    10. Where does that leave us? In the end, we try to emphasize convenient access over ownership for periodical information Inflation remains a problem for all academic libraries, including Trinity, and we are using creative solutions to address the problem.

    11. Questions or comments?

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