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.

Sprache
Englisch

Erschienen in
Series: ifo Working Paper ; No. 271

Klassifikation
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
Thema
Trade
transport
China
piracy

Ereignis
Geistige Schöpfung
(wer)
Sandkamp, Alexander-Nikolai
Yang, Shuyao
Ereignis
Veröffentlichung
(wer)
ifo Institute - Leibniz Institute for Economic Research at the University of Munich
(wo)
Munich
(wann)
2018

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Sandkamp, Alexander-Nikolai
  • Yang, Shuyao
  • ifo Institute - Leibniz Institute for Economic Research at the University of Munich

Entstanden

  • 2018

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