Out of sight, not out of mind. Education networks and international trade

Department of Economics (DEMB) from University of Modena and Reggio Emilia, Department of Economics "Marco Biagi"

Abstract: This paper investigates the impact of international students on the UK bilateral trade with 167 partner economies during 1999-2009. The base hypothesis is that transnational social networks lower the invisible trade barriers existing between countries. University students typically develop ties of friendship and trust that can last for decades after graduation and may evolve into economic and business ties. I find robust evidence that education networks boost the bilateral trade between the UK and the home countries of graduates and students. At a more disaggregated level, the strongest effects on exports and imports derive from the networks linked to the Middle East and to the new member countries of the European Union;

Keywords: International students; higher education; networks; bilateral trade (search for similar items in EconPapers)
JEL-codes: F14 F20 I23 J24 (search for similar items in EconPapers)
Pages: pages 33
Date: 2012-11
New Economics Papers: this item is included in nep-edu, nep-int and nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://155.185.68.2/wpdemb/0002.pdf (application/pdf)

Related works:
Journal Article: Out of Sight, Not Out of Mind. Education Networks and International Trade (2014)
Working Paper: Out of sight, not out of mind. Education networks and international trade (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mod:dembwp:0002

Access Statistics for this paper

More papers in Department of Economics (DEMB) from University of Modena and Reggio Emilia, Department of Economics "Marco Biagi" Contact information at EDIRC.
Bibliographic data for series maintained by Sara Colombini ().