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 |