love books--book loving--book-loving people
Bu in reality, not many verb-object combinations are turned into this kind of noun+gerund structure, as whether to use it or not depends on convention. Also when you turn the combination into noun+gerund structure, it has to be qualified as a real category or concept. For example, we say turn pages, but seldom we say "page turning", as this is not used so frequently as a clear category, unless you have a situation in which page turning is required to form a clear concept, such as we need a page turning machine, because currently page turning takes too much time.
My two cents.
Student or Learner