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National symbols, globalization, and the well-being of nations

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  • Amavilah, Voxi Heinrich

Abstract

I estimate the effects of national symbols and globalization on the well-being of 88 countries. I find that conventional determinants of production affect national well-being, measured as human development index (HDI). The effects on HDI of national symbols like national flag colors are unstable, while those of globalization are strong, with social globalization having the strongest effect. The results suggest that national symbols are important to national well-being, but nations gain more from global interactions with other nations than from national pride. Even as there is a need for further research to improve upon the results associated with the effects of national symbols, the policy implications of the findings clearly recommend increased investment in material conditions of nations and globalization.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 14882.

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Date of creation: 11 Mar 2009
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Handle: RePEc:pra:mprapa:14882

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Keywords: National identity; national colors; globalization; well-being of nations; human development index (HDI); national flag colors;

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References

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  1. Axel Dreher, 2002. "Does Globalization Affect Growth?," Development and Comp Systems 0210004, EconWPA, revised 04 Feb 2003.
  2. Amavilah, Voxi Heinrich, 2008. "National flags, national flag colors, and the well-being of countries," MPRA Paper 11304, University Library of Munich, Germany.
  3. Srijit Mishra & Hippu Salk Kristle Nathan, 2008. "On A Class of Human Development Index Measures," Development Economics Working Papers 22340, East Asian Bureau of Economic Research.
  4. Clark, David & McGillivray, Mark, 2007. "Measuring Human Well-being: Key Findings and Policy Lessons," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
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Cited by:
  1. De, Utpal Kumar, 2011. "Globalisation and cointegration among the states and convergence across the continents: a panel data analysis," MPRA Paper 6166, University Library of Munich, Germany.
  2. Amavilah, Voxi Heinrich, 2009. "National identity, globalization, and the well-being of nations," MPRA Paper 14948, University Library of Munich, Germany.

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