OLS estimates of labour market concentration on skill/competency demand (group 1), TF-IDF measure
| Skills | Knowledge | Ability | Activities | Styles | |
|---|---|---|---|---|---|
| log(HHI) | 0.0002 | −0.0008** | −0.0003 | −0.0001 | 0.0009** |
| (0.0002) | (0.0004) | (0.0002) | (0.0002) | (0.0004) | |
| Skills | −0.1357*** | −0.0082*** | 0.9112*** | −0.0770*** | |
| (0.0032) | (0.0011) | (0.0048) | (0.0035) | ||
| Knowledge | −0.0267*** | −0.0133*** | 0.0051*** | −0.0304*** | |
| (0.0006) | (0.0006) | (0.0006) | (0.0023) | ||
| Ability | −0.0039*** | −0.0320*** | 0.0009* | −0.0269*** | |
| (0.0005) | (0.0009) | (0.0005) | (0.0014) | ||
| Activities | 0.9022*** | 0.0254*** | 0.0019* | −0.0915*** | |
| (0.0015) | (0.0031) | (0.0010) | (0.0033) | ||
| Styles | −0.0100*** | −0.0201*** | −0.0074*** | −0.0120*** | |
| (0.0006) | (0.0015) | (0.0005) | (0.0004) | ||
| Year FE | ✓ | ✓ | ✓ | ✓ | ✓ |
| Prov. FE | ✓ | ✓ | ✓ | ✓ | ✓ |
| Ind. FE | ✓ | ✓ | ✓ | ✓ | ✓ |
| ISCO4 FE | ✓ | ✓ | ✓ | ✓ | ✓ |
| MDV | 0.099 | 0.082 | 0.017 | 0.094 | 0.103 |
| mean(HHI*10k) | 1,319 | 1,319 | 1,319 | 1,319 | 1,319 |
| R2 | 0.851 | 0.153 | 0.017 | 0.849 | 0.130 |
| N | 553,030 | 553,030 | 553,030 | 553,030 | 553,030 |
| Skills | Knowledge | Ability | Activities | Styles | |
|---|---|---|---|---|---|
| log(HHI) | 0.0002 | −0.0008** | −0.0003 | −0.0001 | 0.0009** |
| (0.0002) | (0.0004) | (0.0002) | (0.0002) | (0.0004) | |
| Skills | −0.1357*** | −0.0082*** | 0.9112*** | −0.0770*** | |
| (0.0032) | (0.0011) | (0.0048) | (0.0035) | ||
| Knowledge | −0.0267*** | −0.0133*** | 0.0051*** | −0.0304*** | |
| (0.0006) | (0.0006) | (0.0006) | (0.0023) | ||
| Ability | −0.0039*** | −0.0320*** | 0.0009* | −0.0269*** | |
| (0.0005) | (0.0009) | (0.0005) | (0.0014) | ||
| Activities | 0.9022*** | 0.0254*** | 0.0019* | −0.0915*** | |
| (0.0015) | (0.0031) | (0.0010) | (0.0033) | ||
| Styles | −0.0100*** | −0.0201*** | −0.0074*** | −0.0120*** | |
| (0.0006) | (0.0015) | (0.0005) | (0.0004) | ||
| Year FE | |||||
| Prov. FE | |||||
| Ind. FE | |||||
| ISCO4 FE | |||||
| MDV | 0.099 | 0.082 | 0.017 | 0.094 | 0.103 |
| mean(HHI*10k) | 1,319 | 1,319 | 1,319 | 1,319 | 1,319 |
| 0.851 | 0.153 | 0.017 | 0.849 | 0.130 | |
| N | 553,030 | 553,030 | 553,030 | 553,030 | 553,030 |
Note(s): Each observation consists in a vacancy. This table reports the OLS regression outputs using as dependent variables the TF-IDF intensity measure of the broader skill classification (group 1) described in section 4. The main independent variable is the log of the employment HHI, measured at the industry (2-digit ATECO code), province (NUTS-3), and year level. The regressions are further control for the demand of all the other competencied, measured with the TF-IDF measure. All the regressions also include occupation (ISCO 4-dig) fixed effects. Robust standard errors in parentheses ***p < 0.01, **p < 0.05, *p < 0.1
Source(s): Authors' calculation on AIDA and Wollybi data in 2015–2018 period