Skip to main content

Table 5 Regression results for the specification with lagged dependent variable as well as change in industrial production and share of rural population as controls

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 0.010 −0.011 0.032 0.014 −0.035 0.064 −0.050 0.026 0.031 0.005
  (0.049) (0.062) (0.040) (0.048) (0.098) (0.105) (0.048) (0.053) (0.079) (0.074)
R 2 0.177 0.280 0.115 0.141 0.228 0.215 0.148 0.094 0.186 0.076
H0: fraction affected[FORMAL] = fraction affected[INFORM], p value = 0.632
Panel B: regions with federal minimum wage, N = 68
Fraction affected 0.059 0.070 0.026 0.015 0.073 −0.065 −0.031 0.042 0.018 0.014
  (0.085) (0.129) (0.085) (0.109) (0.178) (0.194) (0.090) (0.124) (0.165) (0.165)
R 2 0.239 0.312 0.109 0.152 0.232 0.214 0.176 0.098 0.195 0.120
H0: fraction affected[FORMAL] = fraction affected[INFORM], p value = 0.817
Panel C: regions with own minimum wage, N = 17
Fraction affected −0.095 −0.149 0.054 −0.005 −0.226 0.175 −0.100 −0.047 −0.139 0.016
  (0.057) (0.092) (0.076) (0.035) (0.173) (0.106) (0.056) (0.050) (0.102) (0.072)
R 2 0.164 0.362 0.215 0.210 0.350 0.316 0.306 0.254 0.445 0.475
H0: fraction affected[FORMAL] = fraction affected[INFORM], p value = 0.110
Panel D: Northern regions are dropped, N = 60
Fraction affected 0.006 −0.018 0.022 0.072 −0.132 0.212* −0.005 0.072 0.010 0.116
  (0.065) (0.075) (0.048) (0.051) (0.083) (0.121) (0.072) (0.054) (0.074) (0.079)
R 2 0.089 0.328 0.155 0.135 0.203 0.166 0.094 0.120 0.105 0.107
H0: fraction affected[FORMAL] = fraction affected[INFORM], p value = 0.716
Panel E: regressions with weights, N = 85
Fraction affected −0.022 −0.084 0.061* 0.051* −0.140** 0.165** −0.062 0.060** −0.030 0.063
  (0.039) (0.054) (0.035) (0.027) (0.062) (0.072) (0.042) (0.027) (0.063) (0.046)
R 2 0.169 0.077 0.047 0.207 0.320 0.293 0.223 0.145 0.289 0.172
H0: fraction affected[FORMAL] = fraction affected[INFORM], p value = 0.055
  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