Pirates - The Young and the Jobless: The Effect of Youth Bulges and Youth Labor Market Integration on Maritime Piracy

This article examines the impact of youth bulges and the lack of perspective of this cohort associated with the insufficient absorption of the labor market on the emergence of piracy acts. For a large panel data-set on maritime piracy and armed robbery against ships for the period 1990-2015 negative...

Full description

Saved in:
Bibliographic Details
Published in:Defence and peace economics 2019-04, Vol.30 (3), p.309-323
Main Authors: Gries, T., Redlin, M.
Format: Article
Language:English
Subjects:
Absorption
Armed robbery
Crime
economic development
Economic integration
Economic models
Labor
Labor force participation
Labor market
Maritime piracy
Markets
Panel data
Piracy
Prospects
Robbery
Ships
Young adults
Youth
youth bulges
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This article examines the impact of youth bulges and the lack of perspective of this cohort associated with the insufficient absorption of the labor market on the emergence of piracy acts. For a large panel data-set on maritime piracy and armed robbery against ships for the period 1990-2015 negative binomial regression results indicate that a large fraction of young people in a country increases the likelihood of piracy attacks originating from that country. Further, the piracy-driving effect is conditional on constrains in the labor market. It increases when the young population is insufficiently integrated into the labor market and becomes insignificant for high levels of labor force participation. The dearth of prospects seems to lower the inhibition to make a living from criminal activity.
ISSN:1024-2694
1476-8267
DOI:10.1080/10242694.2017.1333797