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National flags, national flag colors, and the well-being of countries

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  • Amavilah, Voxi Heinrich

Abstract

This paper utilizes a simple production function model to assess the relative importance of national flags and national flag colors on the well-being of 93 nations in 2007. It finds that the existence of national flags affects well-being positively. Well-being is inelastic with respect to national flag colors. In other words, it is far more important to well-being to have a national flag than whether the flag is a certain color combination. There is considerable regional variation, but the effects of national flags on well-being are invariant with respect to region.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 11304.

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Date of creation: 29 Oct 2008
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Handle: RePEc:pra:mprapa:11304

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Keywords: National well-being; human development index (HDI); national flags; national flag colors;

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  1. Robert E. Hall & Charles I. Jones, 1999. "Why Do Some Countries Produce So Much More Output per Worker than Others?," NBER Working Papers 6564, National Bureau of Economic Research, Inc.
  2. Charles I. Jones, . "Convergence Revisited," Working Papers 96006, Stanford University, Department of Economics.
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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. National flag colors and well-being
    by Economic Logician in Economic Logic on 2008-11-13 10:15:00
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Cited by:
  1. Amavilah, Voxi Heinrich, 2009. "National symbols, globalization, and the well-being of nations," MPRA Paper 14882, University Library of Munich, Germany.

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