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Table 9 Effect of the minimum wage on changes in log wages of different sub-samples from 3 rd quarter 1996 to 1997

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

Percentile

All workers

Male private employees

Large firms employees

 

(1)

(2)

(1)

(2)

(1)

(2)

5

–0.833**

–0.829**

–0.790

–1.120*

–0.575

–0.267

 

(0.307)

(0.308)

(0.477)

(0.636)

(0.578)

(0.603)

10

–0.732**

–0.754**

0.0343

–0.170

–0.914*

–0.763

 

(0.304)

(0.324)

(0.240)

(0.309)

(0.493)

(0.548)

20

–0.163

–0.151

0.856**

0.749*

0.289

0.247

 

(0.341)

(0.322)

(0.324)

(0.376)

(0.189)

(0.214)

25

–0.0793

–0.0671

0.621**

0.455

0.231

0.342

 

(0.372)

(0.354)

(0.270)

(0.272)

(0.209)

(0.206)

30

–0.274

–0.280

0.610***

0.489**

0.395**

0.591***

 

(0.297)

(0.305)

(0.205)

(0.200)

(0.170)

(0.172)

40

–0.384

–0.386

–0.637

–0.235

0.0170

0.440*

 

(0.266)

(0.279)

(0.705)

(0.459)

(0.290)

(0.240)

50

–0.413

–0.484

–0.820

–0.515

–0.399

0.0953

 

(0.395)

(0.374)

(0.599)

(0.449)

(0.457)

(0.364)

75

–0.274

–0.435

–1.314

–0.891

–0.445

–0.451

 

(0.515)

(0.497)

(0.966)

(0.630)

(0.384)

(0.448)

90

–0.490

–0.642

–2.154

–1.733

–0.597

–0.959

 

(0.893)

(0.865)

(1.476)

(1.023)

(0.468)

(0.583)

95

–1.340

–1.432

–3.977*

–3.577*

–0.853

–1.307

 

(0.882)

(0.861)

(2.220)

(1.783)

(1.080)

(1.099)

Average wage

No

Yes

No

Yes

No

Yes

  1. Note: Standard errors are in parentheses while ***, ** and * indicate significant at 1%, 5% and 10% level respectively