Product market competition and unemployment: a county-level analysis

Guifeng Shi and Li Zhang

Applied Economics Letters, 2014, vol. 21, issue 16, 1134-1138

Abstract: By using a competition measure derived from the textual analysis of firms' 10-K filings, we examine the relationship between product market competition and the county-level unemployment. We find that unemployment is negatively related to product market competition pressure and the result is robust in additional tests. We also find that this relationship is strengthened in a good economy. Our findings are consistent with the previous theoretical prediction that competition can reduce unemployment. This article provides new evidence on the interactions between product markets and the labour market.

Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2014.914132 (text/html)
Access to full text is restricted to subscribers.

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: https://EconPapers.repec.org/RePEc:taf:apeclt:v:21:y:2014:i:16:p:1134-1138

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2014.914132

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().