Analyzing the Correlation Between University Rankings and the Economic Performance of Countries

The main objective of this study is to examine the correlation between university rankings and the economic performance of countries, if university rankings are used as a proxy for the quality of higher education. The findings indicate that there is a correlation between the GDP (or the size of the...

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Main Author: Aslı Günay
Format: Article
Language:English
Published: Durmus Gunay 2022-08-01
Series:Üniversite Araştırmaları Dergisi
Subjects:
Online Access:https://dergipark.org.tr/tr/download/article-file/2542024
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author Aslı Günay
author_facet Aslı Günay
author_sort Aslı Günay
collection DOAJ
description The main objective of this study is to examine the correlation between university rankings and the economic performance of countries, if university rankings are used as a proxy for the quality of higher education. The findings indicate that there is a correlation between the GDP (or the size of the country’s economy) and the number of universities in the top 500, but there is no correlation between the employment rate and the number of universities in the top 500 by the year of 2019. Hence, the results imply that GDP value rather than the employment rate of countries has an impact on university rankings (or the quality of higher education). Since it is thought that countries with higher or better levels of education, both in terms of quantity and quality, will also have stronger economic growth, the findings of this study could help policymakers make decisions about higher education and the economy.
format Article
id doaj-art-53202ab043e447b2a089570b5f6bc448
institution Kabale University
issn 2636-7459
language English
publishDate 2022-08-01
publisher Durmus Gunay
record_format Article
series Üniversite Araştırmaları Dergisi
spelling doaj-art-53202ab043e447b2a089570b5f6bc4482025-01-15T14:25:06ZengDurmus GunayÜniversite Araştırmaları Dergisi2636-74592022-08-015220521110.32329/uad.11447641214Analyzing the Correlation Between University Rankings and the Economic Performance of CountriesAslı Günay0https://orcid.org/0000-0001-5085-6374ANKARA SOSYAL BİLİMLER ÜNİVERSİTESİ, SİYASAL BİLGİLER FAKÜLTESİThe main objective of this study is to examine the correlation between university rankings and the economic performance of countries, if university rankings are used as a proxy for the quality of higher education. The findings indicate that there is a correlation between the GDP (or the size of the country’s economy) and the number of universities in the top 500, but there is no correlation between the employment rate and the number of universities in the top 500 by the year of 2019. Hence, the results imply that GDP value rather than the employment rate of countries has an impact on university rankings (or the quality of higher education). Since it is thought that countries with higher or better levels of education, both in terms of quantity and quality, will also have stronger economic growth, the findings of this study could help policymakers make decisions about higher education and the economy.https://dergipark.org.tr/tr/download/article-file/2542024economyemployment rategross domestic productqualityuniversity rankingsekonomi;istihdam oranıgayri safi yut içi hasıla;kalite;üniversite sıralamaları
spellingShingle Aslı Günay
Analyzing the Correlation Between University Rankings and the Economic Performance of Countries
Üniversite Araştırmaları Dergisi
economy
employment rate
gross domestic product
quality
university rankings
ekonomi;
istihdam oranı
gayri safi yut içi hasıla;
kalite;
üniversite sıralamaları
title Analyzing the Correlation Between University Rankings and the Economic Performance of Countries
title_full Analyzing the Correlation Between University Rankings and the Economic Performance of Countries
title_fullStr Analyzing the Correlation Between University Rankings and the Economic Performance of Countries
title_full_unstemmed Analyzing the Correlation Between University Rankings and the Economic Performance of Countries
title_short Analyzing the Correlation Between University Rankings and the Economic Performance of Countries
title_sort analyzing the correlation between university rankings and the economic performance of countries
topic economy
employment rate
gross domestic product
quality
university rankings
ekonomi;
istihdam oranı
gayri safi yut içi hasıla;
kalite;
üniversite sıralamaları
url https://dergipark.org.tr/tr/download/article-file/2542024
work_keys_str_mv AT aslıgunay analyzingthecorrelationbetweenuniversityrankingsandtheeconomicperformanceofcountries