for this hypothesis using the International Maritime Bureau's dataset on piracy. Piracy is reported by ship-owners, giving … show that profitable forms of piracy flourish where on the one hand there is stability and infrastructure, but on the other … of theft from ships the pattern is quadratic: piracy first rises and then falls as governance improves. …

This paper focuses on the impact of maritime piracy on international trade. Piracy increases the cost of international … measures of piracy acts. We found robust evidence indicating that maritime piracy reduces the volume of trade; the effect of … cost of piracy in terms of trade destruction is estimated to be 28 billion dollars. Finally, we compare the cost of low …

This paper focuses on the impact of maritime piracy on international trade. Piracy increases the cost of international … measures of piracy acts. We found robust evidence indicating that maritime piracy reduces the volume of trade; the effect of … cost of piracy in terms of trade destruction is estimated to be 28 billion dollars. Finally, we compare the cost of low …