Artikel
Where has the rum gone? The impact of maritime piracy on trade and transport
Despite a general agreement that piracy poses a significant threat to maritime shipping, empirical evidence regarding its economic consequences remains scarce. This paper combines firm-level Chinese customs data and ship position data with information on pirate attacks to investigate how exporting firms and cargo ships respond to maritime piracy. It finds that overall exports along affected shipping routes fall following an increase in pirate activity. In addition, piracy induces firms to switch from ocean to air shipping, while remaining ocean shipments become larger. At the ship-level, the paper provides evidence for re-routing, as container ships avoid regions prone to pirate attacks.
- Sprache
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Englisch
- Erschienen in
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Journal: Review of World Economics ; ISSN: 1610-2886 ; Volume: 158 ; Year: 2021 ; Issue: 3 ; Pages: 751-778
- Klassifikation
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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
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Trade
Transport
China
Piracy
Container Shipping
- Ereignis
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Geistige Schöpfung
- (wer)
-
Sandkamp, Alexander
Stamer, Vincent
Yang, Shuyao
- Ereignis
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Veröffentlichung
- (wer)
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Springer
- (wo)
-
Berlin, Heidelberg
- (wann)
-
2021
- DOI
-
doi:10.1007/s10290-021-00442-1
- Letzte Aktualisierung
-
10.03.2025, 11:45 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.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Sandkamp, Alexander
- Stamer, Vincent
- Yang, Shuyao
- Springer
Entstanden
- 2021
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