An Econometric Model of Chinese Graduates Abroad
An Econometric Model of Chinese
Graduates abroad
12.June 2013
AN ECONOMETRIC MODEL OF CHINESE
GRADUATES ABROAD
This case study gives an overview of the trend and characteristics of Chinese graduates going to study abroad by using an econometric model. The study covers the period between 1978 and 2012. The results show a positive relationship between the number of Chinese graduates abroad and the number of Graduate student enrollment, China's registered urban unemployment rate exchange rate and average disposable income of urban households, while a negative relation with the number of Graduate student enrollment.
Keywords: Chinese graduates abroad, domestic and foreign factors, trend
INTRODUCTION
As a result of China's growing participation and importance in the process of internationalization and globalization, a continuously rising number of Chinese students have gone abroad for further study. By the end of the last decade the number of Chinese students abroad made up the largest group of international students in the USA (surpassing those from India) and during the next decade this group will become the world's largest floating student population. And among all the chinese students go abroad, 80%-90% of them are graduates who want to enroll in the postgraduate programs to get a master degree provided by foreign universities mainly in U.S, UK and several European countries. So in this study, we mainly focus on the graduates who got bachelor degree in China and have went abroad for further study .Table1 shows the trend of these students abroad from 1978 to 2012. As we all know, China restored the university entrance examination in 1978 and we can see the numbers of graduates going abroad in that year was 860 and 34 years passed the number was about 40 times greater than the initial one. And the growth rate gradually keeps increasing at a high speed. Since many of the students around are planning to study abroad, we think it’s quite useful to
Graduates abroad
12.June 2013
AN ECONOMETRIC MODEL OF CHINESE
GRADUATES ABROAD
This case study gives an overview of the trend and characteristics of Chinese graduates going to study abroad by using an econometric model. The study covers the period between 1978 and 2012. The results show a positive relationship between the number of Chinese graduates abroad and the number of Graduate student enrollment, China's registered urban unemployment rate exchange rate and average disposable income of urban households, while a negative relation with the number of Graduate student enrollment.
Keywords: Chinese graduates abroad, domestic and foreign factors, trend
INTRODUCTION
As a result of China's growing participation and importance in the process of internationalization and globalization, a continuously rising number of Chinese students have gone abroad for further study. By the end of the last decade the number of Chinese students abroad made up the largest group of international students in the USA (surpassing those from India) and during the next decade this group will become the world's largest floating student population. And among all the chinese students go abroad, 80%-90% of them are graduates who want to enroll in the postgraduate programs to get a master degree provided by foreign universities mainly in U.S, UK and several European countries. So in this study, we mainly focus on the graduates who got bachelor degree in China and have went abroad for further study .Table1 shows the trend of these students abroad from 1978 to 2012. As we all know, China restored the university entrance examination in 1978 and we can see the numbers of graduates going abroad in that year was 860 and 34 years passed the number was about 40 times greater than the initial one. And the growth rate gradually keeps increasing at a high speed. Since many of the students around are planning to study abroad, we think it’s quite useful to