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Table 2 Employment effects of minimum wages on production workers

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

Dependent variable: Log (Number of paid production workers)
  All firms Small firms Large firms
  (1) (2) (3) (4) (5) (6)
Log (Min. Wage) −0.0469*** −0.0342** −0.0251** −0.0265* −0.0270 0.0166
  (0.0136) (0.0161) (0.0120) (0.0145) (0.0265) (0.0312)
Log (Firm Age)   0.1881***   0.0982***   0.2293***
   (0.0065)   (0.0056)   (0.0135)
Foreign Share   0.0019***   0.0007***   0.0013***
   (0.0002)   (0.0002)   (0.0002)
Export Share   0.0007***   0.0005***   0.0003***
   (0.0001)   (0.0001)   (0.0001)
Govt. Share   0.0001   −0.0000   0.0001
   (0.0002)   (0.0001)   (0.0003)
Fixed Effects Firm Firm Firm Firm Firm Firm
Year Effects Yes Yes Yes Yes Yes Yes
Observations 290,118 206,375 221,300 157,761 66,677 47,117
Number of Firms 40,169 38,563 35,188 33,534 9285 8893
R-squared 0.916 0.919 0.802 0.809 0.846 0.851
  1. Notes: The sample includes only firms with non-zero production and non-production workers, firms that continuously observed from year to year, and firms observed more than once during the sample period (1993–2006). Columns (2) (4) and (6) have fewer observations than other columns because the additional regressors have missing values in 2001, 2002, 2003, and 2005. Robust standard errors clustered by firm are reported in parentheses. ***p < 0.01, **p < 0.05, *p < 0.1