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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 CPI1998-2002
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 printshipping, paper costs, printing costs
7. Other pressures Shakeout in U.S. subscription agencies
Its not just the sciences:
Increases in social sciences titles
Increases in humanities titles
8. What are Trinitys 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?