This paper analyzes the demand for UK educational services by international students through investigating the demand for student visas to the UK from 89 developing countries covering the period 2001 to 2008. The substantive findings of this research are that bilateral exchange rates matter more...

In this paper we consider the estimation of a dynamic panel autoregressive (AR) process of possibly innite order in the presence of individual effects. We utilize the sieve AR approximation with its lag order increasing with the sample size. We establish the consistency and asymptotic normality...