@Nirobi,
It is not that simple as an increased vocabulary is only but one part of improving a child's intellect. There are many more aspects...for example, improving memory, using critical thinking, problem solving, increasing math skills, increasing writing-composition skills, planning...and creativity. This is why schools have multiple subjects.
Bigger words are not necessarily smarter words. However, the proper use of them can make a person 'sound' smarter.