Investigating the Demand of Asian Countries on Malaysian Public Universities: An Application of Panel Generalised Methods of Moments (GMM) Estimation

Fadli Fizari Abu Hassan Asari, Suriyani Muhamad, Mahyudin Ahmad, Jumadil Saputra () and Salwani Affandi
Additional contact information
Fadli Fizari Abu Hassan Asari: Faculty of Business and Management, Universiti Teknologi MARA Perlis Branch
Suriyani Muhamad: Faculty of Business, Economics and Social Development, Universiti Malaysia Terengganu
Jumadil Saputra: Faculty of Business, Economics and Social Development, Universiti Malaysia Terengganu
Salwani Affandi: Faculty of Business and Management, Universiti Teknologi MARA Terengganu Branch

A chapter in Corporate Management Ecosystem in Emerging Economies, 2023, pp 315-343 from Springer

Abstract: Abstract Most studies examining the demand and market size of international students in Malaysia are micro in nature. Therefore, this study was conducted to explore the macro factors that influence international enrolments in Malaysian public universities. The study combined the rate of return theory and the gravity model. A method used was panel data regression, and factors analysed regarding the Asian continent and its sub-continents, three levels of academic studies, and gender for the 44 sending countries over a period of nine years. Using both Difference GMM and System GMM, all five macro factors in three different aspects were significant. Two policies were also proposed to assist the Malaysian government and public universities in enrolling more international students. All of these are important to ensure that Malaysia rises again as one of the major key players in the global higher education industry by 2025.

Keywords: Global higher education; International students; Macro factors; Panel regression; Generalised methods of moments; Malaysia (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-41578-4_18

Ordering information: This item can be ordered from
http://www.springer.com/9783031415784

DOI: 10.1007/978-3-031-41578-4_18

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().