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on Central and Western Asia |
| By: | Chellaraj,Gnanaraj |
| Abstract: | International trade in higher education services in the form of international student mobility has increased sharply since the 1960s and especially from Eastern Europe and Central Asia since the fall of the Soviet Union. Many international students, especially those with graduate degrees, stay on in the host country after graduation. Although their impact on labor markets has been investigated by economists, geographers, and regional scientists in recent years, most studies on international students focus on education and spatial issues, with very little economic analysis. Furthermore, the application of a trade in services framework to international student mobility is virtually nonexistent. Four areas of research have emerged that need further investigation, particularly for the Europe and Central Asia region. First is the research gap on host and source country pull and push factors affecting the demand and supply of international students. Second, there is little or no understanding of the impact of foreign direct investment in higher education services, both through the establishment of branch campuses as well as direct investment by multinationals in universities. Third, there is virtually no study on the impact of international student and scholar mobility on global collaborative patents. Fourth, there are very few field experiments in international student ormigration research. These issues need to be understood for the development of appropriate policies in industrialized, emerging and developing economies, on the global mobility of students as well as establishment of branch campuses abroad. |
| Date: | 2019–05–07 |
| URL: | http://d.repec.org/n?u=RePEc:wbk:wbrwps:8848&r=all |
| By: | Teodor Sedlarski (Sofia University St. Kliment Ohridski, Faculty of Economics and Business Administration); Oxana Bezler (Karaganda Economic University of Kazpotrebsoyuz, Karaganda, Kazakhstan) |
| Abstract: | Supply of the countryÕs economy with highly qualified personnel has the crucial role in effective interaction of the labor market and the higher professional education institutions, integration of their main goals and objectives. Mistakes in the market coordination of these most important market subsystems lead to nonreversible economic losses and negative social consequences since within the market conditions the economy development and the countryÕs competitiveness are largely determined by a high-quality human capital and its employment. In modern science, lots of scientific works are devoted to the interaction of the labor market and the higher education services market, while the analysis of scientific articles has shown this interaction is considered by scientists depending on the study direction, and only individual works Ð by the issues of integration between domestic markets. In this regard, the authors aim to assess the integration of the labor markets and the higher education services. However, for today, there is no clear methodology for integration the processes assessment, and the authors have attempted to adapt the assessment method proposed by Russian scientists of labor markets and professional education. The used method is based on economic-statistical analysis of the labor market development dynamics and the higher education services with defining integration type under the influence of individual factor of these markets and the use of system and structural-group data analysis. The assessment has revealed an unstable relationship between universities and potential employers which leads to personnel shortage in certain specialties. |
| Keywords: | flabor market; higher education services market; integration; integration factor. |
| JEL: | A10 I2 J6 |
| Date: | 2019–12 |
| URL: | http://d.repec.org/n?u=RePEc:sko:wpaper:bep-2019-08&r=all |