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Table 3 Craigslist entry and online traffic at competing employment websites

From: The impact of Craigslist’s entry on competing employment websites

Sample

A panel of employment websites (2005/06–2007/08)

Treatment of national websites

National websites compete with Craigslist

National websites do not compete with Craigslist

Dependent variable

Number of visitors (in 100,000) in a month

Number of page views per visitor per visit

Number of visitors (in 100,000) in a month

Number of page views per visitor per visit

Measure of exposure

(1)

(2)

(3)

(4)

Years since Craigslist’s entry

−5.597

−19.729

−5.859

−23.586

 

(0.340)***

(15.101)

(0.357)***

(14.079)*

Number of job ads on Craigslist (in 1000)

−0.374

−7.390

−0.274

−6.649

 

(0. 008)***

(1.183)***

(0.037)***

(3.343)*

Controls: website FE

Controls: year FE

Controls: website attributes

Controls: market attributes

Mean of dependent variable

11.504

22.072

11.504

22.072

Observations

66

126

66

126

Number of websites

33

63

33

63

  1. Standard errors clustered at the market level in parentheses
  2. *significant at 10 %; **significant at 5 %; ***significant at 1 %