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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)

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(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