An empirical test of spatial competition in the audit market

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Audit Market Concentration, Audit Fees, and Audit Quality: Evidence from China (2016, methodology): “For example, Numan and Willekens (2012) find that audit fees increase with auditor-client industry alignment and industry market share distance to the closest competitor.”
Auditor Industry Specialization and Evidence of Cost Efficiencies in Homogenous Industries (2015, background): “Our results indicate that industry specialists charge incrementally lower fees in industries with homogenous operations and particularly in industries with both homogenous operations and complex accounting practices.”
Internal Control Opinion Shopping and Audit Market Competition (2016, methodology): “competition is high, presumably due to the fact that audit firms in such markets are forced to compete heavily on fees (Chaney, Jeter, and Shaw 2003; Numan and Willekens 2012). Audit fees increased dramatically after the initial passage of SOX, but began decreasing during the global financial crisis”
Does a Lack of Choice Lead to Lower Quality?: Evidence from Auditor Competition and Client Restatements (2013, unknown): “…discussions with partners consistently suggest that audit firms have been competing on price during the post-SOX era, and academic research suggests that auditors do, in fact, receive lower audit fees when competition is higher (Chaney et al. 2003; Kallapur et al. 2010; Numan and Willekens 2012).”