National identity, globalization, and the well-being of nations
AbstractUsing a simple production function approach I show that conventional factors and forces of production, national identity, and globalization are important to national well-being, but in varying ways. Whereas investment in capital and globalization, especially social globalization, affect national well-being strongly, national well-being is inelastic to all three measures of national identity. A reasonable conclusion is that nations gain more from interactions with other nations than from national isolation.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 14948.
Date of creation: 25 Apr 2009
Date of revision:
National identity; national colors; globalization; well-being of nations; human development index (HDI); national flag colors;
Find related papers by JEL classification:
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- O43 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
- Z00 - Other Special Topics - - General - - - General
- O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
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