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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.

Suggested Citation

  • Amavilah, Voxi Heinrich, 2008. "National flags, national flag colors, and the well-being of countries," MPRA Paper 11304, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:11304
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    File URL: https://mpra.ub.uni-muenchen.de/11304/1/MPRA_paper_11304.pdf
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    References listed on IDEAS

    as
    1. Jones, Charles I, 1997. "Convergence Revisited," Journal of Economic Growth, Springer, vol. 2(2), pages 131-153, July.
    2. Robert E. Hall & Charles I. Jones, 1999. "Why do Some Countries Produce So Much More Output Per Worker than Others?," The Quarterly Journal of Economics, Oxford University Press, vol. 114(1), pages 83-116.
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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 16:15:00

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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.

    More about this item

    Keywords

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

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • O15 - Economic Development, Innovation, 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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