Arbeitspapier
Where Has the Rum Gone? Firms' Choice of Transport Mode under the Threat of Maritime Piracy
Despite a general agreement that piracy poses a significant threat to maritime shipping, empirical evidence regarding its economic consequences remains scarce. This paper takes a step towards filling the gap by combining firm-level Chinese customs data with information on pirate attacks to investigate how exporting firms respond to maritime piracy. It finds that overall exports along a particular shipping route fall following an increase in pirate activity. In addition, piracy induces firms to switch from ocean to air shipping, while the remaining ocean shipments become larger.
- Language
-
Englisch
- Bibliographic citation
-
Series: ifo Working Paper ; No. 271
- Classification
-
Wirtschaft
Empirical Studies of Trade
Trade: Other
Economic History: Transport, International and Domestic Trade, Energy, Technology, and Other Services: General, International, or Comparative
Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
- Subject
-
Trade
transport
China
piracy
- Event
-
Geistige Schöpfung
- (who)
-
Sandkamp, Alexander-Nikolai
Yang, Shuyao
- Event
-
Veröffentlichung
- (who)
-
ifo Institute - Leibniz Institute for Economic Research at the University of Munich
- (where)
-
Munich
- (when)
-
2018
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Sandkamp, Alexander-Nikolai
- Yang, Shuyao
- ifo Institute - Leibniz Institute for Economic Research at the University of Munich
Time of origin
- 2018
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