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A Basic Study on the Economic Feasibility Analysis of Busan Central Library Construction  

Kang, Hee-Kyung (부산대학교 경제통상연구원)
Chang, Durk-Hyun (부산대학교 문헌정보학과)
Lee, Soo-Sang (부산대학교 문헌정보학과)
Publication Information
Journal of Korean Library and Information Science Society / v.45, no.3, 2014 , pp. 489-511 More about this Journal
Abstract
The purpose of this basic study is to examine the economic feasibility analysis of Busan Central Library, which was included the construction feasibility analysis conducted as one part of the Busan Central Library Construction Master Plan. To achieve the purpose of this study, it was accomplished to do Benefit-Cost analysis, Net Present Value, Internal Rate of Return. CVM(Contingent Valuation Method) was used for calculating the benefit; we investigated two CVMs for Busan Central Library, which are for central construction site and for outer construction site. The results show that the construction of Busan Central Library in the central site would be feasible from the economic point of view. On the contrary, the construction in the outer site would not be feasible economically.
Keywords
Public library; Busan central library; Economic feasibility; Benefit-cost analysis; Contingent valuation method;
Citations & Related Records
Times Cited By KSCI : 3  (Citation Analysis)
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