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Growth and dynamics of Australia's education exports

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  • Mamta B. Chowdhury

Abstract

Australia is the third largest global exporter of education services and generated $18.6 billion in 2009--2010. The education sector ranks as the top services exports and number three of all export earners in recent years after coal and iron ore. This study analyses the major determinants of Australia's education exports. Using the Johansen cointegration technique, a stable long run relationship is found between education export earnings, real exchange rate, world income and terms of trade. It is also found that policy reforms relating to opening up the education sector from the mid 1980s had a positive growth effect on the sector.

Suggested Citation

  • Mamta B. Chowdhury, 2012. "Growth and dynamics of Australia's education exports," Applied Economics, Taylor & Francis Journals, vol. 44(7), pages 879-888, March.
    • Handle: RePEc:taf:applec:44:y:2012:i:7:p:879-888
    DOI: 10.1080/00036846.2010.524633
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    1. Malcolm Abbott, 2005. "The Impact Of Regulatory Competition On The Investment Of Australian Universities In New Zealand," Economic Papers, The Economic Society of Australia, vol. 24(2), pages 133-144, June.
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    Cited by:

    1. Mamta B Chowdhury, 2022. "Internationalisation of education and its effect on economic growth and development," The World Economy, Wiley Blackwell, vol. 45(1), pages 200-219, January.

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