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Table 15 Employment effects of minimum wages on production workers in large firms by educational category

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

 

Dependent variable: Log (Employment of production workers)

 

Primary

Jr. Sr. High

High School

Bachelor

Log (Min. Wage)

-0.001

0.023

-0.184

-0.114

 

-(0.138)

-(0.067)

-(0.147)

-(0.143)

Log (Firm Age)

0.139**

0.165***

-0.027

-0.085

 

-(0.062)

-(0.029)

-(0.070)

-(0.065)

Foreign Share

0.000

0.00152***

0.001

0.00179*

 

-(0.001)

(0.000)

-(0.001)

-(0.001)

Export Share

0.000

0.000587***

0.001

0.000

 

(0.000)

(0.000)

-(0.001)

-(0.001)

Govt. Share

0.001

0.000

0.001

0.000

 

-(0.001)

-(0.001)

-(0.001)

-(0.001)

Firm Fixed Effects

Yes

Yes

Yes

Yes

Year Effects

Yes

Yes

Yes

Yes

Number of Firms

16,360

19,036

3592

3087

Observations

35,634

40,865

5159

4502

  1. *significant at 1% level; **significant at 5% level; ***significant at 10% level