Sandkamp, Alexander; Stamer, Vincent; Yang, Shuyao - In: Review of World Economics 158 (2021) 3, pp. 751-778
Despite a general agreement that piracy poses a significant threat to maritime shipping, empirical evidence regarding … 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 …