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Table 5 Variables definition and sources

From: Rankings, accreditations, and international exchange students

Variable

Description / source

C

Dummy (=1 if the observation corresponds to a university which has been chosen by the student) / Based on SBE data

accr

=1 if the institution has one accreditation, either AACSB or EQUIS; =2 if it has both; =0 otherwise / Based on AACSB data (received by email on request) and university websites

thes

Position of the institution in the latest THESR (for every year, rank is set equal to 200 if the institution does not appear among the 200 top-ranked institutions) / Based on THES (2010)

top200

Dummy (=1 if the institution has been ranked in the top 200 in the latest THESR)

avp

Available places at the institution in the relevant application session / Based on SBE data

relrank

Relative position of the student in the IRO’s ranking / Based on SBE data

graderequisite

Dummy (=1 if grade requisite of university j > GPA of university i, as predicted through an OLS regression) / Based on SBE data

new

Dummy (=1 if the institution appears in the partner list for the first time) / Based on SBE data

coast

Dummy (=1 if host city / town is located on the coast) / Based on National Geographic (2012)

pop

Population of the host city / town in 2007 or nearest year / UNESCO (2007) for towns / cities with more than 100,000 inhabitants; World Gazetteer (2009) otherwise

foundation

Year of foundation of the institution / Universities’ websites

latitude

Latitude of the host city / town (absolute value) / Based on National Geographic (2012)

students

Number of students at the institution in most recent year available / QS Ltd (2009); universities’ website when missing

english

Dummy (=1 if the institution is located in an English-speaking region)

spanish

Dummy (=1 if the institution is located in a Spanish-speaking region)

french

Dummy (=1 if the institution is located in a French-speaking region)

internetusers

Internet users per 100 people in the host country / World Bank (2012); Central Intelligence Agency (CIA 2009) for Taiwan

pricelevel

Price level in the host country relative to the US / World Bank (2012); Taiwanese Council for Economic Planning and Development (TCEPD) (TCEPD 2009) for Taiwan

gni

GNI per capita at PPP / World Bank (2012); Taiwanese Council for Economic Planning and Development (TCEPD) (TCEPD 2009) for Taiwan

private

Host institution is private / university websites

asiapacific

Dummy (=1 if the institution is located in Asia, excl. Turkey, or Oceania, excl. Australia and New Zealand)

aus-nz-sa

Dummy (=1 if the institution is located in Australia, New Zealand or South Africa)

centraleurope

Dummy (=1 if the institution is located in Central Europe – Austria, Belgium, Germany, France, Switzerland, excl. towns located on the Mediterranean coast)

easterneurope

Dummy (=1 if the institution is located in Eastern Europe – Czech Republic, Estonia, Hungary, Poland)

latinamerica

Dummy (=1 if the institution is located in Latin America)

mediterraneaneurope

Dummy (=1 if the institution is located in Mediterranean countries – France for towns located on the Mediterranean coast, Italy, Portugal, Spain, Turkey)

northamerica

Dummy (=1 if the institution is located in Canada or US)

northerneurope

Dummy (=1 if the institution is located in Northern Europe – Denmark, Finland, Norway, Sweden)