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Table 6 Minimum wage effect on income (by Income Level)

From: Minimum wage effects on employment and working time of Chinese workers——evidence based on CHNS

 

People with lowest income

People at risk

mw_avg

5.665***

2.874***

 

(1.502)

(0.275)

mw_avg−1

Y

Y

Individual characteristics

Y

Y

Macro-economic variables, province dummy, year dummy

Y

Y

N

953

647

R 2

0.283

0.951

  1. The lowest income group refers to those within the 90% of minimum wage level. Robust standard errors are in parentheses. *** denotes p <0.01