Table 4 Employment effects of minimum wages on production workers in small 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) | −0.0855 | −0.1957*** | 0.0233 | 0.0891 |
(0.0723) | (0.0552) | (0.2155) | (0.1978) | |
Log (Firm Age) | 0.0940*** | 0.0691*** | −0.2686*** | −0.2768*** |
(0.0272) | (0.0202) | (0.0688) | (0.0779) | |
Foreign Share | −0.0008 | 0.0002 | 0.0032* | 0.0012 |
(0.0010) | (0.0006) | (0.0017) | (0.0015) | |
Export Share | 0.0003 | 0.0007*** | −0.0001 | 0.0009 |
(0.0003) | (0.0002) | (0.0008) | (0.0007) | |
Govt. Share | 0.0006 | 0.0013*** | 0.0001 | −0.0004 |
(0.0006) | (0.0005) | (0.0014) | (0.0013) | |
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 |
R-squared | 0.8622 | 0.8645 | 0.8953 | 0.9104 |