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The Role of Foreign Direct Investment in Higher Education in the Developing Countries
[Investissements directs étrangers et éducation dans les pays en voie de développement]

Author

Listed:
  • Mazhar Mughal

    (CATT - Centre d'Analyse Théorique et de Traitement des données économiques - UPPA - Université de Pau et des Pays de l'Adour)

  • Natalia Vechiu

    (CATT - Centre d'Analyse Théorique et de Traitement des données économiques - UPPA - Université de Pau et des Pays de l'Adour)

Abstract

This paper studies the impact of fdi inflows on higher education in developing countries for the period 1998-2008. A large panel of developing countries is analyzed using different econometric techniques and specifications. We find evidence of short-term negative effects of fdi on tertiary education measured by school enrolment. The negative effect of fdi is confirmed for both secondary and tertiary education when measured in terms of adult educated population. gdp, demographic growth and the services sector value added seem to have a significant impact on higher education. gdp and services value-added show the expected positive impact, while population growth has a negative impact on education enrolment and attainment.

Suggested Citation

  • Mazhar Mughal & Natalia Vechiu, 2015. "The Role of Foreign Direct Investment in Higher Education in the Developing Countries [Investissements directs étrangers et éducation dans les pays en voie de développement]," Post-Print hal-01885232, HAL.
    • Handle: RePEc:hal:journl:hal-01885232
    DOI: 10.3917/reco.pr2.0038
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    Cited by:

    1. Chengjuan Xia & Md. Qamruzzaman & Anass Hamadelneel Adow, 2022. "An Asymmetric Nexus: Remittance-Led Human Capital Development in the Top 10 Remittance-Receiving Countries: Are FDI and Gross Capital Formation Critical for a Road to Sustainability?," Sustainability, MDPI, vol. 14(6), pages 1-24, March.

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