Inter-country effects from the internationalisation of higher education services: theoretical and empirical analysis

  • Natalia S. Paulava National Institute for Higher Education, 15 Maskoŭskaja Street, Minsk 220007, Belarus https://orcid.org/0000-0003-2626-3231
  • Alexey V. Danilchanka Belarusian National Technical University, 65 Niezaliežnasci Avenue, Minsk 220013, Belarus

Abstract

Considering the active growth of international student mobility in recent years, there exists an important question of measuring the economic impact of internationalisation for hosting and sending countries. Borrowing Bergerhoff’s two-country model for measuring effective capital formation under the condition of existence of international education, the effects of internationalisation of higher education services for Belarus and the European Union were investigated. The results of the study showed that internationalisation of higher education is beneficial to the country that hosts international students and is able to retain them after graduation. And the country that sends its students to study abroad also receives an increase in economic growth if the productivity of education in a foreign country is higher and some of the students return home after graduation.

Author Biographies

Natalia S. Paulava, National Institute for Higher Education, 15 Maskoŭskaja Street, Minsk 220007, Belarus

postgraduate student at the department of economics and management of higher school

Alexey V. Danilchanka, Belarusian National Technical University, 65 Niezaliežnasci Avenue, Minsk 220013, Belarus

doctor of science (economics), full professor; dean of the faculty of marketing, management, entrepreneurship

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Published
2021-12-03
Keywords: export and import of education services, economic growth, human capital, economic effect, two-country model of internationalisation of higher education
How to Cite
Paulava, N. S., & Danilchanka, A. V. (2021). Inter-country effects from the internationalisation of higher education services: theoretical and empirical analysis. Journal of the Belarusian State University. Economics, 2, 106-115. Retrieved from https://journals.bsu.by/index.php/economy/article/view/3935
Issue
No 2 (2021): Journal of the Belarusian State University. Economics
Section
I. Health, Education, and Welfare

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