Table 7 Wage regression results: coefficients on the log of the minimum wage for different groups of workers
From: Compliance with legal minimum wages and overtime pay regulations in China
| Coefficients on the minimum wage variable only | ||||
|---|---|---|---|---|
| (1) | (2) | (3) | (4) | |
| Dependent variable | Log of basic monthly wage | Log of (bonus+1) | Log of basic wage plus bonus plus supplements | Log of hours worked |
| Gender | ||||
| Male | 1.008*** | −5.386*** | 0.095 | 0.052 |
| (0.228) | (1.748) | (0.119) | (0.037) | |
| Female | 0.746*** | −7.792*** | −0.143 | 0.046 |
| (0.224) | (1.928) | (0.119) | (0.041) | |
| Educational attainment | ||||
| College or above | 0.640** | −10.684*** | −0.410 | 0.068* |
| (0.305) | (3.232) | (0.325) | (0.041) | |
| Junior college | 1.177*** | −8.171*** | 0.142 | 0.013 |
| (0.264) | (1.979) | (0.180) | (0.040) | |
| High school | 1.081*** | −6.191*** | 0.177 | 0.014 |
| (0.238) | (1.833) | (0.109) | (0.036) | |
| Junior high school or below | 0.836*** | −5.204*** | −0.014 | 0.081 |
| (0.206) | (2.000) | (0.121) | (0.052) | |
| Age cohort | ||||
| Age 16–20 | 1.134*** | −9.679*** | −0.122 | 0.094 |
| (0.349) | (2.408) | (0.163) | (0.073) | |
| Age 21–25 | 1.029*** | −9.606*** | −0.014 | 0.075 |
| (0.290) | (2.013) | (0.127) | (0.051) | |
| Age 26–30 | 0.791*** | −7.723*** | −0.071 | 0.073* |
| (0.234) | (1.777) | (0.127) | (0.039) | |
| Age 31+ | 0.834*** | −5.093*** | 0.026 | 0.031 |
| (0.206) | (1.787) | (0.119) | (0.035) | |
| Experience cohort | ||||
| Experience 1–3 | 0.984*** | −10.118*** | −0.091 | 0.083 |
| (0.251) | (1.856) | (0.144) | (0.058) | |
| Experience 4–6 | 0.403 | −5.396*** | −0.169 | 0.070 |
| (0.269) | (1.854) | (0.149) | (0.048) | |
| Experience 7–9 | 0.634*** | −7.599*** | −0.032 | 0.086** |
| (0.229) | (2.042) | (0.131) | (0.034) | |
| Experience 10+ | 0.964*** | −4.547** | 0.109 | −0.011 |
| (0.242) | (2.091) | (0.132) | (0.036) | |
| Position in firm | ||||
| Office workers | 1.133*** | −10.192*** | −0.046 | −0.020 |
| (0.366) | (2.014) | (0.251) | (0.040) | |
| Manual workers with no skill certificate | 0.649*** | −6.852*** | −0.032 | 0.139*** |
| (0.233) | (2.100) | (0.134) | (0.050) | |
| Firm ownership | ||||
| State funded firm | 1.141* | −8.059** | 0.456 | 0.010 |
| (0.668) | (3.721) | (0.454) | (0.119) | |
| Non-state domestic funded firm | 0.998*** | −4.502** | 0.074 | 0.041 |
| (0.237) | (2.152) | (0.124) | (0.044) | |
| HongKong, Taiwan, Macao funded firm | 0.398 | −19.374*** | −0.198 | 0.243 |
| (0.462) | (5.027) | (0.379) | (0.177) | |
| Foreign funded firm | 1.185* | −9.291*** | 0.555 | −0.032 |
| (0.625) | (3.079) | (0.453) | (0.124) | |
| Firm size | ||||
| Large | 0.796 | −5.563 | 0.393 | 0.038 |
| (0.773) | (5.963) | (0.404) | (0.083) | |
| Medium | 0.702** | −5.769*** | 0.003 | 0.039 |
| (0.283) | (2.185) | (0.161) | (0.060) | |
| Small | 0.486** | −1.597 | 0.165 | 0.119** |
| (0.204) | (1.688) | (0.145) | (0.048) | |
| Labor intensive firms: ascending sort by firm revenue per worker | ||||
| The first quintile | 1.221*** | −2.924 | 0.907*** | 0.127* |
| (0.229) | (2.594) | (0.206) | (0.073) | |
| The second quintile | 0.222 | −4.986 | 0.115 | 0.006 |
| (0.424) | (3.522) | (0.274) | (0.064) | |
| The third quintile | 0.674 | −4.517* | −0.279* | −0.033 |
| (0.410) | (2.617) | (0.163) | (0.086) | |
| The fourth quintile | 0.615 | −10.761*** | −0.267 | 0.208*** |
| (0.387) | (3.338) | (0.220) | (0.060) | |
| The fifth quintile | 1.114*** | −6.757** | 0.157 | 0.074* |
| (0.395) | (2.715) | (0.287) | (0.041) | |
