Are books "inferior goods" of leisure industry ?

Sridhar, M. S. Are books "inferior goods" of leisure industry ? Library Science with a slant to Documentation and Information Studies, 1997, vol. 34, n. 4, pp. 159-162. [Journal article (Paginated)]

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English abstract

Discusses the nature of leisure industry and composite commodity, explains four major determinants of demand analysis, namely price, income of customers, prices of related commodities and tastes and preferences of customers , enumerates the concepts ‘inferior’, normal and luxury goods from the angle of income elasticity of demand, highlights the finding of western research that books are inferior goods of leisure industry and concludes by stressing the need for recognition of books and libraries as part of leisure industry in the country and need for localised research about reading habits and use of libraries in the larger context of leisure industry.

Item type: Journal article (Paginated)
Keywords: books, libraries, demand analysis, information, leisure industry, information users
Subjects: E. Publishing and legal issues. > EC. Book selling.
Depositing user: Dr. M S Sridhar
Date deposited: 19 Jan 2008
Last modified: 02 Oct 2014 12:10
URI: http://hdl.handle.net/10760/11002

References

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Costa, Dora. Less of luxury: The role of recreation since 1888”. NBER working paper No. 6054. MIT, June 1997.

Gratton, Chris and Taylor, Peter. Economics of leisure services management. 2ed. London: Longman, 1992.

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Is cost benefit analysis applicable to journal-use in a special library?. The Serials Librarian. Vol. 15(1,2); 1988; p137-53.

Customer-characteristics as criteria for market-segmentation in libraries. In: Marketing of library and information services in India: Papers presented at the 13th National Seminar of IASLIC, Calcutta, December 20 - 23. 1988, ed. by S.K.Kapoor and Amitabh Chatterjee. IASLIC Special Publication No. 28. Calcutta : IASLIC, 1988, p43-52.

Non-users and non-use of libraries. Library Science with a slant to Documentation and Information Studies. Vol. 31(3) September 1994: p115-28.

Understanding the user - why, what and how? Library science with a slant to Documentation and Information studies. Vol. 32(4) December 1995; p151-64.

Beware of electronic libraries/media. An invited paper for 15th Annual Convention and Conference of society for Information science on ‘Digital Libraries’, 18-20 January 1996. Indian Institute of science, Bangalore. (Malwad, N M et. al., ed. Digital libraries: dynamic storchouse of digital information. New Delhi, New Age International Ltd., 1996, p234-40).


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