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


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