Table 5 Craigslist entry and pricing by competing employment websites
From: The impact of Craigslist’s entry on competing employment websites
Sample | A panel of employment websites (2005/06–2007/08) | |||||
|---|---|---|---|---|---|---|
National websites compete with Craigslist | National websites do not compete with Craigslist | |||||
Dependent variable | 1 if discount offered to employers | 1 if discount offered to job searchers | 1 if bundling of CV access and job posting offered | 1 if discount offered to employers | 1 if discount offered to job searchers | 1 if bundling of CV access and job posting offered |
Measure of exposure | (1) | (2) | (3) | (4) | (5) | (6) |
Years since Craigslist’s entry | 0.106 | −0.053 | 0.315 | −0.007 | 0.011 | −0.022 |
(0.410) | (0.036) | (0.349) | (0.050) | (0.006)* | (0.026) | |
Number of job ads on Craigslist (in 1000) | 0.036 | 0.002 | −0.027 | −0.082 | 0.002 | −0.016 |
(0.007)*** | (0.001)* | (0.018) | (0.097) | (0.001)* | (0.013) | |
Controls: website FE | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Controls: year FE | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Controls: website attributes | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Controls: market attributes | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ |
Mean of dependent variable | 0.440 | 0.027 | 0.314 | 0.440 | 0.027 | 0.314 |
Observations | 116 | 188 | 188 | 116 | 188 | 188 |
Number of websites | 58 | 94 | 94 | 58 | 94 | 94 |