Table 5 Employment effects of minimum wages on non-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 non-production workers) | ||||
|---|---|---|---|---|
Primary | Jr. Sr. High | High School | Bachelor | |
Log (Min. Wage) | −0.2915* | −0.1553*** | −0.0751 | −0.0490 |
(0.1660) | (0.0497) | (0.1114) | (0.1026) | |
Log (Firm Age) | 0.0483 | 0.1104*** | −0.1204*** | −0.1803*** |
(0.0531) | (0.0191) | (0.0400) | (0.0349) | |
Foreign Share | −0.0027* | 0.0021*** | 0.0008 | −0.0006 |
(0.0016) | (0.0006) | (0.0011) | (0.0009) | |
Export Share | −0.0008 | 0.0001 | 0.0006 | 0.00003 |
(0.0005) | (0.0003) | (0.0005) | (0.0004) | |
Govt. Share | 0.0010 | 0.00004 | −0.0016 | −0.0017* |
(0.0011) | (0.0005) | (0.0010) | (0.0009) | |
Firm Fixed Effects | Yes | Yes | Yes | Yes |
Year Effects | Yes | Yes | Yes | Yes |
Number of Firms | 7707 | 19,126 | 7234 | 7208 |
Observations | 13,571 | 41,823 | 11,982 | 12,523 |
R-squared | 0.8888 | 0.8596 | 0.8431 | 0.8239 |