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Table 2 Comparison of the pre-reform characteristics across the two groups of regions

From: The effect of doubling the minimum wage on employment: evidence from Russia

Variable

Regions with federal minimum wage, N = 68

Regions with own minimum wage, N = 17

Difference

p value

Fraction affected

7.03

12.63

−5.60

0.00

Kaitz index

13.28

11.96

1.33

0.18

EMPLOY

60.46

63.56

−3.11

0.10

FORMAL

49.77

53.36

−3.58

0.15

INFORM

10.67

10.21

0.47

0.66

UNEMPL

8.48

5.46

3.02

0.07

YOUT_E

32.16

33.33

−1.17

0.55

YOUT_U

16.97

12.63

4.34

0.08

FEM_E

56.86

59.78

−2.92

0.13

FEM_U

8.11

4.95

3.16

0.08

LOW_E

41.97

44.37

−2.41

0.14

LOW_U

12.56

8.65

3.91

0.07

Ind. production index

108.12

108.34

−0.22

0.96

Share of rural population

34.46

24.10

10.36

0.01

Share of workers in small firms

6.66

9.95

3.29

0.00

Share of part-time workers

6.09

4.91

1.18

0.33

Population, thousands

1522.74

2340.71

−817.97

0.06

  1. Notes: Fraction affected is based on regional minimum wages and wage data from April 2007. Labor market outcomes (variables EMPLOY-LOW_U) as well as Kaitz index are measured in November 2006. Ind. production index is the index of industrial production between the third quarter of 2005 and the third quarter of 2006. The other variables are measured as of 2006