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

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Author Info
Amavilah, Voxi Heinrich

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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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File URL: http://mpra.ub.uni-muenchen.de/11304/
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Publisher 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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Related research
Keywords: National well-being; human development index (HDI); national flags; national flag colors;

Find related papers by JEL classification:
C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
D60 - Microeconomics - - Welfare Economics - - - General

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  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. [Downloadable!] (restricted)
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  2. Jones, Charles I, 1997. " Convergence Revisited," Journal of Economic Growth, Springer, vol. 2(2), pages 131-53, July. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Amavilah, Voxi Heinrich, 2009. "National symbols, globalization, and the well-being of nations," MPRA Paper 14882, University Library of Munich, Germany. [Downloadable!]
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