Is economic impact a good way of justifying the inclusion of foreign students at local universities?

Snowball, Jeanette D; Antrobus, Geoffrey G

Title: Is economic impact a good way of justifying the inclusion of foreign students at local universities?
Creator: Snowball, Jeanette D
Creator: Antrobus, Geoffrey G
Date Issued: 2006
Date: 2006
Type: text
Type: article
Identifier: http://hdl.handle.net/10962/67470
Identifier: vital:29098
Identifier: http://dx.doi.org/10.4314/sajhe.v20i3.25593
Description: Pre-print
Description: In the debate surrounding the costs and benefits of having foreign students at South African universities, the financial contributions of foreign students to their host economies is sometimes cited. This article reports the results of a comparison between the economic impact on the Grahamstown economy of the spending of foreign and local students at Rhodes University. It finds that the spending patterns of both types of students are remarkably similar and that the somewhat higher economic impact of foreign students is largely as a result of their propensity to choose the more expensive residence accommodation, rather than as a result of greater average spending generally. We suggest that economic impact studies should be used with caution when making the case for continued public subsidy of goods with significant non-market values and that opportunity costs should also be considered.
Format: 14 pages
Format: pdf
Publisher: South African Journal of Higher Education
Language: English
Relation: South African Journal of Higher Education
Relation: Snowball, J.D. and Antrobus, G.G. (2006) Is economic impact a good way of justifying the inclusion of foreign students at local universities?. South African Journal of Higher Education, 20 (3) 168-181. DOI:10.4314/sajhe.v20i3.25593
Relation: South African Journal of Higher Education volume 20 number 3 168 181 2006 1011 3487
Rights: South African Journal of Higher Education
Rights: Use of this resource is governed by the terms and conditions of the South African Journal of Higher Education. Creative Commons License -CC BY-NC-ND 4.0

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Antrobus, Geoffrey Gordon (Prof Emeritus)

RU Department of Economics and Economic History

Snowball, Jeanette D (Prof)

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