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Is maritime piracy random?

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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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    Citations

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    Cited by:

    1. 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.
    2. Pierre Cariou & François-charles Wolff, 2011. "A longitudinal analysis of piracy in shipping," Economics Bulletin, AccessEcon, vol. 31(2), pages 1055-1062.
    3. 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.
    4. 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.
    5. Inmaculada Martínez-Zarzoso & Sami Bensassi, 2013. "The Price Of Modern Maritime Piracy," Defence and Peace Economics, Taylor & Francis Journals, vol. 24(5), pages 397-418, October.
    6. Thomas Gries & Margarete Redlin, 2014. "Maritime Piracy: Socio-Economic, Political, and Institutional Determinants," Working Papers CIE 75, Paderborn University, CIE Center for International Economics.
    7. 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.

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