Douglas, Stratford; Reed, W. Robert - Department of Economics, College of Business and Economics - 2014
on path-breaking research by Atlas et al. (1995) in which evidence was claimed in favour of the "small state effect … conclude that there is no evidence to support the hypothesis of a "small state effect." … their population size. Using H&P's data, we both replicate their results, and demonstrate strong support for the small state …