An Empirical Study of the Impact of Library E-Lending on the Book Economy: As Public Libraries Prioritize eBook Formats, Harm to Commercial Markets Across All Formats is Quantifiable and Significant.

“[C]onsumer print sales decline by approximately 0.85 to 1.0 percent for every one-percentage-point increase in the share of e-books in public libraries, with adult fiction being at the upper end of this range.”

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https://publishers.org/news/new-study-analyzes-the-impact-of-library-e-lending-on-commercial-book-markets/