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Is maritime piracy random?

Author

Listed:
  • Maximo Mejia
  • Pierre Cariou
  • Francois-Charles Wolff

Abstract

Far from being an extinct phenomenon, piracy still exists in the modern world and is a growing menace to the security and safety of shipping. Using the data on attacks against vessels reported between 1996 and 2005 merged with the data on the total world merchant fleet, this article inquires whether acts of piracy are a truly random occurrence. Results show that both flag of registry and type of vessel are significant factors in explaining maritime piracy.

Suggested Citation

  • Maximo Mejia & Pierre Cariou & Francois-Charles Wolff, 2009. "Is maritime piracy random?," Applied Economics Letters, Taylor & Francis Journals, vol. 16(9), pages 891-895.
    • Handle: RePEc:taf:apeclt:v:16:y:2009:i:9:p:891-895
    DOI: 10.1080/13504850701222186
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    References listed on IDEAS

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    1. Yun, Myeong-Su, 2004. "Decomposing differences in the first moment," Economics Letters, Elsevier, vol. 82(2), pages 275-280, February.
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    Cited by:

    1. Pierre Cariou & François-charles Wolff, 2011. "A longitudinal analysis of piracy in shipping," Economics Bulletin, AccessEcon, vol. 31(2), pages 1055-1062.
    2. Sami Bensassi & Inmaculada Martínez-Zarzoso, 2012. "How Costly is Modern Maritime Piracy to the International Community?," Review of International Economics, Wiley Blackwell, vol. 20(5), pages 869-883, November.
    3. Livingstone Divine Caesar & Justin Lewis & Mawuli Afenyo & Mazen Brho, 2021. "Global maritime piracy: Impact on seafaring and the factors shaping confrontational outcomes," Journal of Transportation Security, Springer, vol. 14(3), pages 307-324, December.
    4. Inmaculada Mart�nez-Zarzoso & Sami Bensassi, 2013. "The Price Of Modern Maritime Piracy," Defence and Peace Economics, Taylor & Francis Journals, vol. 24(5), pages 397-418, October.
    5. Calahorrano, Lena & an de Meulen, Philipp, 2010. "How to Tackle the Gulf of Aden Buccaneers," Proceedings of the German Development Economics Conference, Hannover 2010 31, Verein für Socialpolitik, Research Committee Development Economics.
    6. Shepard, Jun U. & Pratson, Lincoln F., 2020. "Maritime piracy in the Strait of Hormuz and implications of energy export security," Energy Policy, Elsevier, vol. 140(C).
    7. Ercan Akan & Tunahan Gültekin & Sibel Bayar, 2022. "Statistical analysis of maritime piracy cases in world territorial waters," Journal of Transportation Security, Springer, vol. 15(3), pages 263-280, December.
    8. Lewis, Justin S., 2016. "Maritime piracy confrontations across the globe: Can crew action shape the outcomes?," Marine Policy, Elsevier, vol. 64(C), pages 116-122.
    9. George Samiotis & Vasileia Psarrou & Michalis Pazarzis & Vasilis Tselentis & Georgios Dafnos, 2013. "Maritime Piracy: Trends and Future Developments A Review," International Journal of Maritime, Trade & Economic Issues (IJMTEI), International Journal of Maritime, Trade & Economic Issues (IJMTEI), vol. 0(1), pages 93-108.
    10. Thomas Gries & Margarete Redlin, 2014. "Maritime Piracy: Socio-Economic, Political, and Institutional Determinants," Working Papers CIE 75, Paderborn University, CIE Center for International Economics.

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