Well-Being in the Small and in the Large

Andrew Rose

No 142006, Working Papers from Hong Kong Institute for Monetary Research

Abstract: Is it better to live in a big county than a small country? In this paper I examine whether economic and social conditions vary systematically with the population of a country. Economics provides a number of theoretical reasons why country size should matter, for instance because of increasing returns to scale or because it is easier to provide public goods to a larger populace. However there is little empirical evidence that links the scale of a country size to any of a multitude of indicators of economic and social welfare.

Pages: 22 pages
Date: 2006-11
New Economics Papers: this item is included in nep-hap and nep-ltv
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