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

Amavilah, Voxi Heinrich (2009): National identity, globalization, and the well-being of nations.

Abstract

Using 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.

• Item Type: MPRA Paper
• Language: English
• Keywords: National identity, national colors, globalization, well-being of nations, human development index (HDI), national flag colors
• Subjects: O - Economic Development, Innovation, 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, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O43 - Institutions and Growth; Z - Other Special Topics > Z0 - General > Z00 - General; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O57 - Comparative Studies of Countries; F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F43 - Economic Growth of Open Economies

References

Aabo, S. (2005) The value of public libraries. World Library and Information Congress: 71st IFLA General Conference and Council, Oslo, Norwary (August 14-18). Available at http://www.ifla.org/IV/ifla71/papers/119e-Aabo.pdf.

Amavilah, VH (2009) National symbols, globalization, and the well-being of nations. Available at http://mpra.ub.uni-muenchen.de/14882/1/MPRA_paper_14882.pdf.

Amavilah, VH (2008a) National flags, national flag colors, and the well-being of countries. Available at http://mpra.ub.uni-muenchen.de/11193/1/MPRA_paper_11193.pdf.

Amavilah, VH (2008b) Flags, constitutions, and the well-being of nations. Available at http://mpra.ub.uni-muenchen.de/11368/1/MPRA_paper_11368.pdf.

Amavilah, VH (2008c) Modeling Income Determinants in Embedded Economies: Cross-Section Applications to U.S. Native American Economies. Nova Science Publishers, Inc.

Anand, S., and Sen, AK (1994) Human development index: Methodology and measurement. United Nations Development Programme. Available at http://hdr.undp.org/en/media/anand_and_sen_hdi.pdf.

Baumol, W. & Bowen, WB (1966) Performing arts: The economic dilemma. New York, Tentieth Century Fund.

Beard, CA (1935) An economic interpretation of the constitution of the United States. New York, Free Press.

Bruni, L., and Porta, PL (2007) Handbook on he economics of happiness. New York. Edward Elgar Publishing.

CIA (Various) Life expectancy at birth. Available at https://www.cia.gov/library/publications/the-world-factbook/rankorder/2102rank.html. Accessed on 7/18/2008.

Clark, D., and McGillivray, M. (2007) Measuring human well-being: Key findings and policy lessons. UNU Policy Brief 3. Available at http://www.unu.edu/publications/briefs/policy-briefs/2007/pb03-07.pdf.

Cordeiro, JL (2008) Constitutions around the world: A view from Latin America. IDE Discussion Paper No. 164. Available at http://ir.ide.go.jp/dspace/bitstream/2344/782/1/ARRIDE_Discussion_No.164_Jose.pdf.

Dougherty, JP (2003) Does national identity matter? Available at http://www.worldsndi.com/newhome/public/2004/march/mtpub2.asp. Accessed on 3/14/2009.

Dreher, A (2003) Does globalization affect growth? (January Version). Available at http://129.3.20.41/eps/dev/papers/0210/0210004.pdf.

Dreher, A., Gaston, N., and Martens, P. (2008) Measuring globalization: Gauging its consequences. New York, Springer.

Flagpedia.net (2008) Flags of countries [by capital city, population, and total land area]. Available at http://flagpedia.net/index. Accessed on 9/14/2008.

Glaeser, EL, La Porta, R., Lopez-Salines, F., and Shleifer, A. (2004) Do institutions cause growth? Available at http://www.economics.harvard.edu/faculty/shleifer/files/do_institutions_cause_growth.pdf.

Goklany, IM (2002) The globalization of human well-being. Policy Anlysis, No. 447 (August 22). Available at http://www.cato.org/pubs/pas/pa447.pdf.

Hayek, FA (1978) The constitution of liberty. Chicago, University of Chicago Press.

Herskovits, MJ (1964) Economic anthropology: The economic life of primitive peoples. New York: W.W. Norton & Company, Inc.

Hoselitz, BF (1952) Non-economic barriers to economic development. Economic Development and Cultural Change, 1(1), pp. 8-21.

Johnson, HG (1967) Economic nationalism in old and new states. University of Chicago Press. Especially Chapters 1 and 8.

Kahneman, D., Diener, E., and Schwarz, N. (2003) Well-being: The foundations of hedonic psychology. Russell Sage Foundation.

Kinsey Jr., Billy (2002) The impact of museums and cultural attractions: Another benefit for the community. Available at http://www.vcu.edu/cppweb/urban/aam%2002%20handout.pdf.

May, D. (2007) Determinants of well-being. Memorial University of Newfoundland and Newfoundland and Labrador Statistics Agency. Available at www.communityaccounts.ca.

McGillivray, M., and Clarke, M. (2006) Understanding human well-being. United Nations University Press.

Mishra, S., and Nathan, HSK (2008) On a class of human development index. October Version. Available at http://www.igidr.ac.in/pdf/publication/WP-2008-020.pdf.

North, D (1990) Institutions, institutiona change, and economic performance. Cambridge, Cambridge University Press.

photius.com (2008) All flags in alphabetical sequence - Flag Identifier. Available at http://photius.com/flags/alphabetic_list.html. Access on 09/14/2008.

Persson, T. and Tabellini, G. (2004) Constitutions and economic policy, Journal of Economic Perspectives, 18(1), pp. 75-98.

Persson, T. and Tabellini, G. (2003) Economic effects of constitutions. Cambridge (MA), MIT Press.

Throsby, D. (2001) Economics and culture. Cambridge, Cambridge University Press.

Tsai, Ming-Chaing (2006) Does globalization affect human well-being? Department of Sociology, National Taipei University. Available at http://www.soc.duke.edu/resources/sinet/papers06/Tsai.pdf.

UNDP (Various) Human Development Index. Human Development Reports. Available at http://hdr.undp.org/en/statistics/inices/hdi/ . Accessed on 8/21/2008. (See notes like “Calculating the HDI,” and “Technical Notes and Sources of Statistical Data.”

UNDP (2008) Technical Note 1: Calculating the Human Development Indices. Human Development Report, 2007/2008, pp. 355-361.

White, H (1980a) A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedadasticity. Econometrica, 48, pp. 817-838

White, H (1980b) Using least squares to approximate unknown regression functions. International Economic Review, pp.

Wikipedia (2008) Flags. Available at http://en.wikpedia.org/wiki/flag.

Wikipedia (2008) List of countries by population growth rate. Available at http://en.wikipedia.org/wiki/List_of_countries_by_population_growth_rate.

Wikipedia (2008) List of countries by GDP (PPP). Available at htpp://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP). Access on 9/20/2008.

Wikipedia (2008) Human Development Index. Available at http://en.wikpedia.org/wiki/Human_Development_Index. Accessed on 9/14/2008.

Wikipedia (2008) List of countries by life expectancy. Available at http://en.wikpedia.org/wiki/List_of_countries_by_lfe_expectancy. Accessed at 7/17/2008.

Wikipedia (2009) National flags. Available at hhtp://en.wikipedia.org/wiki/National_flag . Accessed on 02/25/2009).

Wikipedia (2009) National symbol. Available at hhtp://en.wikipedia.org/wiki/National_symbol . Accessed on 02/25/2009.