La piraterie maritime: faits stylisés et mécanismes économiques

José De Sousa () and Marion Mercier

Revue française d'économie, 2019, vol. XXXIV, issue 3, 167-198

Abstract: We study modern maritime piracy through an economic perspective. First, we define piracy and describe its evolution over time, from 1995 to 2007, and over space, thanks to detailed geo-localized data. Second, we analyze the main macro-economic causes and consequences of piracy. We notably observe that piracy is linked to the so-called weak states. Then, we try to characterize the costs of piracy in terms of shipping and international trade. Last, we study the micro-economic mechanisms driving piracy, such as the trade-off between crime and income opportunities.

Date: 2019
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