Exploring Concurrent Relationships between Economic Factors and Student Mobility in Expanding Higher Education Achieving 2030

Yu-Hsin Lo, Dian-Fu Chang () and Angel Chang
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Yu-Hsin Lo: Department of Finance and Banking, Shih Chien University, Taipei City 104336, Taiwan
Dian-Fu Chang: Department of Education and Futures Design, Tamkang University, New Taipei City 251301, Taiwan
Angel Chang: Institutional Effectiveness and Strategic Analytics, San José State University, San José, CA 95192, USA

Sustainability, 2022, vol. 14, issue 21, 1-22

Abstract: Student mobility is one of the most important indicators to reflect institutional internationalization in a sustainable higher education system. Student mobility issues have been addressed in previous studies, and the phenomenon was discussed in association with related factors persistently. Since higher education sustainable development has received much scholarly attention, monitoring student mobility flows to adjust international strategies is necessary. This study explored practical approaches to detect student mobility flows in the process of higher education expansion. Targeting Taiwan’s higher education system as an example, we addressed the topic of system expansion and the core issues of student mobility. Target series data were collected from 1950 to 2021, including the economic growth ratio, GDP per capita, higher education enrollment, gross enrollment ratio (GER), and the number of inbound and outbound students. The data were transformed with index formats, for example, the economic growth ratio, enrollment increasing ratio (IR), and net flow ratio. The cross-correlation function (CCF) and autoregressive integrated moving average (ARIMA) were used to determine the correlations of the series data and their future trends. The findings suggested that the system expansion, with GER and IR, might reflect fluctuated student mobility in economic growth. This study confirmed that the time series approaches work well in detecting the phenomena of higher education expansion and their effects on student mobility flow in the future.

Keywords: economic growth ratio; education 2030; gross enrollment ratio (GER); GDP per capita; higher education expansion; student mobility (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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