Vol.11, No.4, November 2022.                                                                                                                                                                              ISSN: 2217-8309

                                                                                                                                                                                                                        eISSN: 2217-8333


TEM Journal



Association for Information Communication Technology Education and Science

A Country’s Economic Growth and Rankings of Higher Education Institutions: Is There a Relationship?


Olga Dreval, Viktoriya Martynets, Yuliia Opanasiuk, Olena Pavlenko


© 2022 Olga Dreval, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License. (CC BY-NC-ND 4.0)


Citation Information: TEM Journal. Volume 11, Issue 4, Pages 1814-1823, ISSN 2217-8309, DOI: 10.18421/TEM114-49, November 2022.


Received: 13 April 2022.

Revised:   06 August 2022.
Accepted:  14 September 2022.
Published: 25 November 2022.




The components of the chain of influence of the HEI ranking on the economic growth of the country are studied in the article. The relation between the keywords university, rankings and economic was found based on the bibliometric analysis. Based on correlation and regression analysis, there has been proved the relation between the components of interaction in the chain: Total overall ranking score of universities in the country – number of FTE students enrolled in country’s rated HEIs – number of country’s rated Universities – GDP of the country. The confirmation of the obtained calculations is a questionnaire survey carried out among the students of the HEIs. The results of the questionnaire survey indicate the existence of the influence of the HEI ranking on the number of students enrolled in educational institutions of the studied country. Thus, based on correlation and regression analysis and sociological research, the article proves the hypothesis about the existence of the influence of the HEI ranking on the economic growth of the country.


Keywords – – university, HEI ranking, GDP, Sustainable Development Goals, economic growth.



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