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Table 8 Minimum wages and average wages of non-production workers

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

  Dependent variable: Log(Real average wage of non-production workers)
  All Firms All Firms Small Firms Small Firms Large Firms Large Firms
Log (Minimum Wage) 0.0600** 0.1654*** 0.0493* 0.1659*** 0.0708 0.1186*
  (0.0254) (0.0306) (0.0293) (0.0355) (0.0532) (0.0642)
Log (Firm Age)   0.1015***   0.0900***   0.1183***
   (0.0120)   (0.0137)   (0.0283)
Foreign Share   0.0023***   0.0023***   0.0020***
   (0.0004)   (0.0006)   (0.0005)
Export Share   0.0004***   0.0003   0.0006***
   (0.0001)   (0.0002)   (0.0002)
Govt. Share   0.0009***   0.0012***   0.0005
   (0.0003)   (0.0004)   (0.0005)
Firm Fixed Effects Yes Yes Yes Yes Yes Yes
Year Effects Yes Yes Yes Yes Yes Yes
Observations 226,507 158,153 163,898 113,839 62,609 44,314
Number of Firms 31,798 30,112 27,253 25,434 8573 8286
R-squared 0.6053 0.6405 0.6281 0.6767 0.5154 0.5571
  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. Small firms are firms which always have 150 or fewer workers; large firms are firms which always have more than 150 workers. 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