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Table 4 Regression results for the specification with lagged dependent variable as control variables

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

  (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)
  EMPLOY FORMAL INFORM UNEMPL YOUT_E YOUT_U FEM_E FEM_U LOW_E LOW_U
Panel A: all regions, N = 85
Fraction affected −0.005 −0.035 0.041 −0.003 −0.051 0.064 −0.057 −0.001 −0.003 −0.006
  (0.044) (0.058) (0.039) (0.040) (0.088) (0.094) (0.046) (0.045) (0.073) (0.067)
R 2 0.124 0.227 0.089 0.074 0.224 0.197 0.101 0.012 0.168 0.032
H0: fraction affected[FORMAL] = fraction affected[INFORM], p value = 0.379           
Panel B: regions with federal minimum wage, N = 68
Fraction affected 0.054 0.057 0.022 −0.049 0.024 −0.084 0.006 −0.053 −0.024 −0.053
  (0.075) (0.097) (0.069) (0.090) (0.131) (0.160) (0.097) (0.095) (0.124) (0.147)
R 2 0.165 0.249 0.076 0.074 0.226 0.203 0.117 0.014 0.165 0.028
H0: fraction affected[FORMAL] = fraction affected[INFORM], p value = 0.811
Panel C: regions with own minimum wage, N = 17
Fraction affected −0.108** −0.195* 0.076 −0.003 −0.226 0.233 −0.130** −0.035 −0.157 0.004
  (0.048) (0.099) (0.065) (0.028) (0.149) (0.140) (0.045) (0.044) (0.112) (0.071)
R 2 0.136 0.278 0.162 0.185 0.348 0.261 0.162 0.215 0.387 0.173
H0: fraction affected[FORMAL] = fraction affected[INFORM], p value = 0.040
Panel D: Northern regions are dropped, N = 60
Fraction affected 0.014 −0.017 0.016 0.036 −0.131 0.186** −0.001 0.029 0.003 0.083
  (0.048) (0.059) (0.041) (0.037) (0.085) (0.090) (0.046) (0.045) (0.068) (0.062)
R 2 0.037 0.305 0.145 0.018 0.171 0.144 0.025 0.002 0.102 0.019
H0: fraction affected[FORMAL] = fraction affected[INFORM], p value = 0.711
Panel E: regressions with weights, N = 85
Fraction affected −0.021 −0.077 0.062* 0.012 −0.143** 0.082 −0.066* 0.020 −0.003 −0.006
  (0.038) (0.054) (0.035) (0.030) (0.069) (0.082) (0.039) (0.031) (0.056) (0.052)
R 2 0.164 0.075 0.042 0.125 0.249 0.236 0.221 0.061 0.248 0.108
H0: fraction affected[FORMAL] = fraction affected[INFORM], p value = 0.071
  1. Note: The coefficients on the control variables are not shown. Standard errors are in parentheses
  2. *p < 0.10; **p < 0.05; ***p < 0.01