Skip to main content

Table 7 Descriptive statistics of all employees in the LFS 1996 sample

From: Does the minimum wage reduce wage inequality? Evidence from Thailand

LFS 1996

Below Min

Between Min

Between Min

Above Min

 

Wage 94

Wage 96/94

Wage 97/96

Wage 97

Female

0.520

0.468

0.477

0.331

 

(0.4996)

(0.4991)

(0.4995)

(0.4707)

Age

31.889

30.720

29.148

34.020

 

(12.9363)

(10.8289)

(10.2624)

(10.2763)

Urban

0.313

0.379

0.418

0.546

 

(0.4638)

(0.4852)

(0.4933)

(0.4979)

Year of education

5.080

5.817

6.081

9.454

 

(2.5717)

(2.7148)

(2.6229)

(4.7432)

Log hourly wage

2.327

2.720

2.828

3.559

 

(0.3617)

(0.1107)

(0.1359)

(0.6093)

Working hours per week

55.846

53.451

50.351

45.785

 

(12.8271)

(12.0062)

(8.0229)

(9.7505)

Firm size less than 10 ppl

0.596

0.385

0.251

0.223

 

(0.4908)

(0.4868)

(0.4335)

(0.4164)

Firm size more than 100 ppl

0.098

0.159

0.422

0.208

 

(0.2976)

(0.3662)

(0.494)

(0.4059)

Obs (weighted)

3,465,337

498,048

1,172,664

6,646,047