TY - JOUR
T1 - Economic analysis of foreign education and students abroad
AU - Kim, Jinyoung
N1 - Funding Information:
Part of this paper is from the author's PhD dissertation at the University of Chicago. I am grateful to Yair Mundlak, Kevin Murphy, Sherwin Rosen, Nancy Stokey and especially Gary Becker for their help. I would very much like to thank the anonymous referee for helpful comments on earlier drafts. Financial supports from Bradley Foundation, NORC and the University of Chicago are gratefully acknowledged. Remaining errors are mine.
PY - 1998
Y1 - 1998
N2 - The role of knowledge accumulation in economic growth has been well discussed in the literature. By assuming the possibility of knowledge import by study abroad, this paper presents a growth model of knowledge creation and import. This paper also derives testable implications in three aspects of foreign education: the choice of host countries by foreign studients, the number of students abroad from one origin country, and the growth effect of foreign education. In all these aspects, empirical observations agree well with the predictions of the model.
AB - The role of knowledge accumulation in economic growth has been well discussed in the literature. By assuming the possibility of knowledge import by study abroad, this paper presents a growth model of knowledge creation and import. This paper also derives testable implications in three aspects of foreign education: the choice of host countries by foreign studients, the number of students abroad from one origin country, and the growth effect of foreign education. In all these aspects, empirical observations agree well with the predictions of the model.
UR - http://www.scopus.com/inward/record.url?scp=0031727177&partnerID=8YFLogxK
U2 - 10.1016/S0304-3878(98)00069-8
DO - 10.1016/S0304-3878(98)00069-8
M3 - Article
AN - SCOPUS:0031727177
SN - 0304-3878
VL - 56
SP - 337
EP - 365
JO - Journal of Development of Economics
JF - Journal of Development of Economics
IS - 2
ER -
