IDEAS home Printed from
MyIDEAS: Login to save this article or follow this journal

The Economy of Small States

  • Luca Brandi


    (University of Macerata)

Registered author(s):

    This paper aims at verifying if territorial dimension is an important element for the economic success of a state and, if so, why and through which channels. The work proceeds to a careful assessment of the factors that can influence the economy of small states, in particular insularity, being landlocked, an offshore financial centre or a tax haven. With respect to the analysis of Easterly and Kraay (2000), controlling for financial specialisation there is no evidence that small states have higher productivity levels. Furthermore, financial openness may reveal to be a decisive factor for the economic success of small states.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Article provided by SIPI Spa in its journal Rivista di Politica Economica.

    Volume (Year): 94 (2004)
    Issue (Month): 6 (November-December)
    Pages: 145-173

    in new window

    Handle: RePEc:rpo:ripoec:v:94:y:2004:i:6:p:145-173
    Contact details of provider:

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    as in new window
    1. Francisco Alcalá & Antonio Ciccone, 2003. "Trade and Productivity," Working Papers 12, Barcelona Graduate School of Economics.
    2. Rinaldo Brau & Alessandro Lanza & Francesco Pigliaru, 2003. "How Fast are the Tourism Countries Growing? The cross-country evidence," Working Papers 2003.85, Fondazione Eni Enrico Mattei.
    3. Esther C. Suss & Oral Williams & Chandima Mendis, 2002. "Caribbean offshore Financial Centers: Past, Present, and Possibilities for the Future," IMF Working Papers 02/88, International Monetary Fund.
    4. Daron Acemoglu & Simon Johnson & James A. Robinson, 2000. "The Colonial Origins of Comparative Development: An Empirical Investigation," NBER Working Papers 7771, National Bureau of Economic Research, Inc.
    5. Enrico Spolaore & Alberto Alesina & Romain Wacziarg, 2000. "Economic Integration and Political Disintegration," American Economic Review, American Economic Association, vol. 90(5), pages 1276-1296, December.
    6. Aart Kraay & Jaume Ventura, 2001. "Comparative Advantage and the Cross-section of Business Cycles," NBER Working Papers 8104, National Bureau of Economic Research, Inc.
    7. Alberto F. Ades & Edward L. Glaeser, 1994. "Evidence on Growth, Increasing Returns and the Extent of the Market," NBER Working Papers 4714, National Bureau of Economic Research, Inc.
    8. Read, Robert, 2001. "Growth, Economic Development and Structural Transition in Small Vulnerable States," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
    9. Dieke, Peter U. C., 1993. "Tourism in the gambia: some issues in development policy," World Development, Elsevier, vol. 21(2), pages 277-289, February.
    10. Paul M Romer, 1999. "Increasing Returns and Long-Run Growth," Levine's Working Paper Archive 2232, David K. Levine.
    11. Arvind Subramanian & Francesco Trebbi & Dani Rodrik, 2002. "Institutions Rule: The Primacy of Institutions over Integration and Geography in Economic Development," IMF Working Papers 02/189, International Monetary Fund.
    12. R. Brau & A. Lanza & F. Pigliaru, 2003. "How fast are tourism countries growing? The cross country evidence," Working Paper CRENoS 200309, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    13. Milner, Chris & Westaway, Tony, 1993. "Country size and the medium-term growth process: Some cross-country evidence," World Development, Elsevier, vol. 21(2), pages 203-211, February.
    14. Streeten, Paul, 1993. "The special problems of small countries," World Development, Elsevier, vol. 21(2), pages 197-202, February.
    15. Farrugia, Charles, 1993. "The special working environment of senior administrators in small states," World Development, Elsevier, vol. 21(2), pages 221-226, February.
    16. Schiff, Maurice, 1996. "Small is beautiful : preferential trade agreements and the impact of country size, market share, efficiency, and trade policy," Policy Research Working Paper Series 1668, The World Bank.
    17. Briguglio, Lino, 1995. "Small island developing states and their economic vulnerabilities," World Development, Elsevier, vol. 23(9), pages 1615-1632, September.
    18. Robert E. Hall & Charles I. Jones, 1999. "Why Do Some Countries Produce So Much More Output per Worker than Others?," NBER Working Papers 6564, National Bureau of Economic Research, Inc.
    19. Tisdell, Clem, 1993. "Project appraisal, the environment and sustainability for small islands," World Development, Elsevier, vol. 21(2), pages 213-219, February.
    20. Sofer, Michael, 1993. "Uneven regional development and internal labor migration in Fiji," World Development, Elsevier, vol. 21(2), pages 301-310, February.
    21. International Monetary Fund, 2001. "Republic of San Marino: Selected Issues and Statistical Appendix," IMF Staff Country Reports 01/226, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:rpo:ripoec:v:94:y:2004:i:6:p:145-173. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sabrina Marino)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.