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Table 5 Wage regression using fixed effects for informal workers

From: The impact of minimum wages on informal and formal labor market outcomes: evidence from Indonesia

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

VARIABLES

log

log- below

level

level-below

imput1 - log

imput1 - level

imput2 - log

imput2 - level

log MW

−0.0783

0.000858

  

0.0103

 

0.0662

 
 

(0.144)

(0.188)

  

(0.112)

 

(0.116)

 

mw_real

  

0.0350

−0.00435

 

0.0404

 

0.0885

   

(0.133)

(0.122)

 

(0.129)

 

(0.129)

log prov. GDP

0.0672

0.507***

−28,620

18,473

0.183*

−15,780

0.245*

−12,600

 

(0.139)

(0.181)

(56,578)

(35,190)

(0.110)

(57,191)

(0.130)

(63,387)

elementary school

0.0987

0.0506

35,435

13,560

0.147**

37,007

0.190***

43,596

 

(0.0900)

(0.138)

(34,093)

(37,148)

(0.0727)

(33,335)

(0.0737)

(32,762)

middle school

0.177

0.0700

81,602

−34,290

0.217**

88,548

0.285***

91,396*

 

(0.109)

(0.191)

(55,033)

(52,324)

(0.0908)

(53,894)

(0.0986)

(53,684)

high school

0.0156

0.0723

−1,189

−38,783

0.0745

2,016

0.181

−3,244

 

(0.146)

(0.270)

(79,943)

(69,140)

(0.127)

(77,600)

(0.131)

(77,141)

higher educ

−0.370*

 

−241,641

370,537

−0.127

−212,580

0.00932

−203,802

 

(0.196)

 

(212,687)

(617,743)

(0.186)

(189,403)

(0.184)

(183,038)

urban

0.122

−0.0149

31,721

−45,598

0.0905

53,139

0.111*

70,090**

 

(0.0787)

(0.107)

(36,028)

(28,219)

(0.0610)

(35,309)

(0.0643)

(35,625)

2000

0.00499

0.379***

14,059

113,461***

0.000133

5,061

−0.00570

7,032

 

(0.0445)

(0.0608)

(14,077)

(13,039)

(0.0348)

(13,676)

(0.0367)

(13,653)

2007

0.109*

0.499***

51,692**

194,993***

0.0294

38,846

−0.0163

31,215

 

(0.0599)

(0.0746)

(26,132)

(18,288)

(0.0479)

(26,020)

(0.0531)

(27,571)

Observations

5,611

3,036

7,785

4,942

6,941

7,785

6,803

7,785

Adj. R-squared

0.011

0.122

0.013

0.100

0.010

0.011

0.017

0.013

  1. All specifications include sector and year dummies as control variables
  2. Robust standard errors in parentheses
  3. *p<0.1, **p<0.05, ***p<0.01