Economics at your fingertips  

Maritime Piracy: Socio-Economic, Political, and Institutional Determinants

Thomas Gries and Margarete Redlin ()
Additional contact information
Margarete Redlin: University of Paderborn

No 75, Working Papers CIE from Paderborn University, CIE Center for International Economics

Abstract: Over the last twenty years piracy has become an increasing threat. Yet there are only very few econometric studies that examine under which conditions this phenomenon arises. As the number of maritime piracy and armed robbery incidents is characterized as count data and exhibits overdispersion, we apply random-effects negative binomial regressions for a panel dataset covering the period 1991-2010. Our results indicate that poor socio-economic, political, and institutional conditions in the host country increase the likelihood of piracy attacks.

Keywords: Maritime Piracy; Economic Development (search for similar items in EconPapers)
JEL-codes: C25 F51 O10 P16 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2014-01
New Economics Papers: this item is included in nep-pol
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in Working Papers CIE from Paderborn University, CIE Center for International Economics Contact information at EDIRC.
Bibliographic data for series maintained by WP-WiWi-Info ( this e-mail address is bad, please contact ) and ().

Page updated 2023-03-26
Handle: RePEc:pdn:ciepap:75