Measuring the economic impacts of inbound higher education mobility

2020 | Stipendium Hungaricum, Angol nyelvű kiadványok

The purpose of this research is to measure the local as well as systemic level economic impact of certain target groups of international students (Erasmus+ students, Stipendium Hungaricum grant beneficiaries and fee-paying students); to examine their role and significance as a consumer group; to analyse their multiplier economic effects; to disclose the direct payments into economy; and to analyse their role in tourism, as well their participation in the studentification process of each university city.

Due to the increasing volume of student mobility, its economic significance is unquestionable. Besides attracting talents, generating revenues also plays a pivotal role now for universities recruiting international
students. According to a multitude of researches, the presence of international students is
economically beneficial for the universities, the cities they are situated in, as well as the country of
destination in a broader sense. This benefit is directly realised in tuition fees and the amounts spent on
living expenses (Brooks, R. – Waters, J., 2011).

The number of foreign citizens in Hungarian higher education has been constantly rising since the turn
of the millennium. From 11,783 students in 2011, by the academic year 2019/2020 we have seen a three
and a quarter time increase to 326% of that former figure, which means 38,422 students. The findings
of the research conducted in three major university cities of Hungary (M. Császár Zs. et al, 2016-2017)
also pointed out that the impact which international students engaged in higher education studies have
on economy and employment is a process which is discernible at an institutional, regional, as well as
a national level, and therefore its nation-wide, complex study serves an important national economic
interest.

„In the first phase of the research focusing on „Measuring the Economic Impacts of Inbound Higher Education
Mobility”, conducted under the grant programme of Tempus Public Foundation, in the second
half of 2019 we developed the methodology and research and analysis plan for the multi-dimensional
measuring of the economic impacts of international students. These provided the basis to this empirical
study.

The purpose of this research is to measure the local as well as systemic level economic impact of certain
target groups of international students (Erasmus+ students, Stipendium Hungaricum grant beneficiaries
and fee-paying students); to examine their role and significance as a consumer group; to analyse their
multiplier economic effects; to disclose the direct payments into economy; and to analyse their role in
tourism, as well their participation in the studentification process of each university city.

DOWNLOAD (PDF/1,11 MB)