Skip to main content

Table 4 Estimates of minimum wage effects on wages

From: Minimum wages and employment in China

Dependent variable: log (Wages)

Young adults (Age 15–29)

At-risk group

Entire sample

Independent variables (log)

(1)

(2)

(1)

(2)

(1)

(2)

 

A. All Regions

MW level, current year

.782***

.429***

.873***

.883***

.545***

.300***

 

(.077)

(.084)

(.034)

(.039)

(.044)

(.050)

MW level, lagged 1 year

.360***

.083*

.100***

.108***

.339***

.171***

 

(.076)

(.042)

(.033)

(.036)

(.042)

(.046)

Other controls

No

Yes

No

Yes

No

Yes

R 2

.511

.558

.916

.936

.626

.659

Number of observations

3,894

3,894

3,372

3,372

3,966

3,966

 

B. East

MW level, current year

1.434***

.890***

.861***

.905***

.666***

.229***

 

(.114)

(.141)

(.097)

(.055)

(.071)

(.075)

MW level, lagged 1 year

.184

.037

.115**

.095*

.449***

.186***

 

(.117)

(.124)

(.055)

(.050)

(.060)

(.071)

Other controls

No

Yes

No

Yes

No

Yes

R 2

.676

.700

.933

.934

.698

.718

Number of counties

1,716

1,716

1,518

1,518

1,734

1,734

 

C. Central

MW level, current year

.257**

.080*

.874***

.884***

.289***

.256***

 

(.118)

(.045)

(.055)

(.061)

(.063)

(.068)

MW level, lagged 1 year

.241**

.205*

.108**

.116*

.078

.009

 

(.122)

(.112)

(.055)

(.062)

(.067)

(.069)

Other controls

No

Yes

No

Yes

No

Yes

R 2

.306

.359

.854

.883

.515

.552

Number of counties

1,638

1,638

1,380

1,380

1,674

1,674

 

D. West

MW level, current year

.601

.328

1.014

.837

.523

.450

 

(.387)

(.517)

(.873)

(.867)

(.377)

(.399)

MW level, lagged 1 year

.233

.477

.022

.102

.087

.040

 

(.350)

(.480)

(.091)

(.188)

(.233)

(.348)

Other controls

No

Yes

No

Yes

No

Yes

R 2

.330

.352

.870

.889

.348

.356

Number of counties

540

540

474

474

558

558

  1. Cluster-robust standard errors at the county level are in parentheses. All variables in the table are at the county level, except that CPI is at the city level. Young adults are defined as workers who are 15–29 years old. At-risk groups are workers whose monthly wages are between the old and new minimum wage standards. Each estimation has controlled for year and county fixed effects
  2. ***Statistically significant at the 1 percent level; **at the 5 percent level; *at the 10 percent level