Local Economic Impact of Domestic and International Students: Case of University of Economics in Bratislava
Local Economic Impact of Domestic and International Students: Case of University of Economics in Bratislava

Author(s): Tetyana Nestorenko, Nadiya Dubrovina, Jana Péliová
Subject(s): Business Economy / Management, Higher Education , Economic development, Human Resources in Economy, Socio-Economic Research
Published by: Masarykova univerzita nakladatelství
Keywords: university; international students; domestic students; economic impact; Bratislava;
Summary/Abstract: The economic role of universities should be considered not only in terms of their contribution to the creation of human capital as a key factor of economic growth. By teaching of international students, universities thus impact on city's economy and contribute to increase of service exports. In their turn, international students have the economic impact on a host city. The study examines the University of Economics in Bratislava (EUBA) as an exporter of education, and employs survey data for calculating direct economic effects of international students for Bratislava. The calculations of this impact are conducted on the basis of the survey data of international students of University of Economics in Bratislava (2015/2016 academic year). The main areas of local expenditure by international students of EUBA are defined. The direct effect of economic impact of EUBA international students is calculated. We compare this economic with the direct economic impact of domestic students of EUBA on the local economy.

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