The Research Of International Competitiveness Of Indonesia's Higher Education Service Trade

Along with the growth of the world economy,trade becomes a significant tool for measuring a country's economy,not only in the aspect of trade of goods,but in recent years,service trade has a big influence that can affect the competitiveness between countries in international level.Educational services as one of the trade in service have basically considered educational services as a product in service trades,and therefore exist as an exchange of educational services between countries.The education services trade can be measured by looking at aspects of consumption abroad or mobility of international student,which is an effective way of improving the economic exchanges between the countries involved.Asia is one of the fastest growing destinations for international students.Therefore,this research was conducted by conducting a comparative study and empirical study with the aim to find out Indonesia's international competitiveness for the higher education service trade aspect,which is compared with seven other countries.To measure the international competitiveness in the higher education services trade,data from 2010 to 2017 on the number of sending and receiving students in a country and other more complex data have been used to obtain valid results.A comparative study conducted by calculating data from eight countries using the IMS,TCI and RCA measurement methods,and empirical analysis conducted using a questionnaire survey with 302 respondents' data obtained to find out the significant factors that influence the competitiveness.The results show that although Indonesia's higher education service trade is unstable every year,it still has certain competitiveness in the international scope.In addition,culture,quality of higher education and cost of living have a significant impact on the international competitiveness of higher education service trade.On this basis,this paper puts forward some countermeasures and suggestions on how to improve the international competitiveness of Indonesia's higher education service trade,including: promoting the development of Indonesian culture,improving the quality of higher education,reducing tuition fees and living costs,increasing the employment opportunities for foreign students and promoting the balanced growth of Indonesian economy.