Brexit and Foreign Students in Gravity

Ronald B. Davies and Lena Susanne Specht

No 202401, Working Papers from School of Economics, University College Dublin

Abstract: This paper examines the impact of Brexit on international student migration. In a structural gravity model, we estimate student migration between 69 countries for counterfactual scenarios in which the United Kingdom leaves the European Union one year before the referendum. This exercise reveals a decrease in exchange students studying in the UK of around 3.8% to 4.9%. While the number of non-EU students to the UK rises, a drop in EU student numbers drives this result. Similarly, 30% to 38% fewer UK students choose to study abroad. The estimated changes in international student stocks show that most other member countries lose international students and non-EU countries host more than without Brexit. Our findings provide evidence that there may be hidden costs to Brexit affecting global student exchanges that we have yet to see.

Keywords: International Migration; International students; Gravity model; Brexit (search for similar items in EconPapers)
JEL-codes: F22 I28 J11 (search for similar items in EconPapers)
Pages: 61 pages
Date: 2024-02
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Persistent link: https://EconPapers.repec.org/RePEc:ucn:wpaper:202401

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