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Table 14 Descriptive statistics

From: Do minimum wages affect employment? Evidence from the manufacturing sector in Indonesia

Meaning Obs Mean Std. Dev. Min Max
Log of total paid employment 290334 4.208 1.192 0 9.5490
Log of total paid production employment 290248 4.020 1.191 0 9.3923
Log of total paid non-production employment 246081 2.279 1.455 0 8.5553
Log of real minimum wage 290339 4.485 0.264 3.689 5.1684
Log of firm age 289654 2.354 0.854 0 4.6052
Log of percentage exported 207256 10.725 28.488 0 100
Percentage owned by foreigners 290339 5.652 21.227 0 100
Percentage owned by government 290339 2.798 15.995 0 100
Log of real value added per worker 289806 8.103 1.3196 -3.9571 16.518
Log of real average wage per production worker 290149 7.059 0.857 -2.255 15.239
Log of real average wage per non-production worker 238725 7.631 1.075 -6.688 16.194