Economic Models of Higher Education: An International Perspective

Pierre-Bruno Ruffini
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Pierre-Bruno Ruffini: EDEHN - Equipe d'Economie Le Havre Normandie - ULH - Université Le Havre Normandie - NU - Normandie Université

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Abstract: As other sectors, higher education can be characterized by the combination of market mechanisms and state intervention in its funding and organization. Although higher education systems of developed countries pursue similar goals (provide high-level manpower, meet individual and social demands, etc.) and face similar challenges (massive expansion, internationalization, MOOCs, etc.) their economic models differ significantly. In some countries, universities are public and charge no or very low tuition fees, whereas in other countries, the cost-sharing with parents and students is much more demanding. The paper will try to underscore and explain these differences by drawing on the lessons of economic analysis and on the historical and cultural background of countries.

Keywords: higher education; public good; market mechanisms; cost sharing (search for similar items in EconPapers)
Date: 2015
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Published in International Dialogues on Education : Past and Present – IDE Online Journal, 2 (2), pp.27-43, 2015

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02982786

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