One of the objectives of the European Higher Education Area is to promote student mobility. Mobility brings economic benefits for sending and receiving countries, improves the international curricula for students going abroad, and also increases the internationalisation for home students as they work in diverse national cultures. Therefore, as both sending and receiving countries benefit from increased student mobility, European Higher Education policies should also lead to a more balanced flow of incoming and outgoing students. There are many economic and social factors that affect students’ decision to move abroad and their enrolment in a host university. The purpose of this paper is to provide an empirical investigation into mobility determinants in the European Union. In fact, we develop econometric panel models to explore the relationship between tertiary student mobility (outbound and inbound mobility rates) and some variables by using data sets provided by the Statistics Office of the European Communities from 1998–2008. The results show the important role played by income and income-related supplements such as grants and loans in promoting widespread tertiary student mobility. Moreover, host university quality or the host country languages are found to be significant determinants in the enrolment of students abroad in a host country. Moreover, results also reveal that country’s characteristics can affect tertiary student mobility. These results suggest the existence of significant differences between countries, implying that financial and economic variables should be considered at country level in order to make a Joint European Union mobility Policy and, therefore, policy recommendations could differ in each country.
|Keywords:||Higher Education, European Higher Education Area, Student Mobility|
Associate Professor, Department of Applied Economics, University of Oviedo, Oviedo, Principado de Asturias, Spain
Associate Professor, Department of Applied Economics, Univesrity of Oviedo, Oviedo, Principado de Asturias, Spain