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Hispaniola and its Economic Divergence

Author

Listed:
  • Roberto Ricciuti
  • Elena Zardo

Abstract

Haiti and the Dominican Republic, which are respectively on the left and right side of the island of Hispaniola, represent an interesting case of economic divergence: whereas in colonial times Haiti was richer than the current Dominican Republic, it is now one of the poorest countries in the Northern hemisphere, while the Dominican Republic is a developing country with a relatively good income per capita.We analyze possible institutional causes of this divergence, focusing on the effects of the different percentage of European colonizers on the island in the 17th century, the allocation of land in the 19th century, and the role of the US.

Suggested Citation

  • Roberto Ricciuti & Elena Zardo, 2013. "Hispaniola and its Economic Divergence," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 3, September.
    • Handle: RePEc:rar:journl:0270
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    More about this item

    Keywords

    Institutions; Development; Economic policy;
    All these keywords.

    JEL classification:

    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • N90 - Economic History - - Regional and Urban History - - - General, International, or Comparative
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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