Amavilah, Voxi Heinrich (2008): National flags, national flag colors, and the well-being of countries.
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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.
|Item Type:||MPRA Paper|
|Original Title:||National flags, national flag colors, and the well-being of countries|
|Keywords:||National well-being, human development index (HDI), national flags, national flag colors|
|Subjects:||C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C51 - Model Construction and Estimation
O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O11 - Macroeconomic Analyses of Economic Development
D - Microeconomics > D3 - Distribution > D31 - Personal Income, Wealth, and Their Distributions
O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O15 - Human Resources; Human Development; Income Distribution; Migration
C - Mathematical and Quantitative Methods > C2 - Single Equation Models; Single Variables > C21 - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
D - Microeconomics > D6 - Welfare Economics > D60 - General
|Depositing User:||Voxi Heinrich Amavilah|
|Date Deposited:||30. Oct 2008 09:34|
|Last Modified:||11. Feb 2013 16:47|
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