The Impact of Minimum Wages on Employment: Evidence From a Lower Middle-Income Country

IF 2.5 4区经济学 Q2 DEVELOPMENT STUDIES

Developing Economies Pub Date : 2024-09-04 DOI:10.1111/deve.12419

Cuong Viet Nguyen

引用次数: 0

Abstract

In this study, we examine the impact of minimum wages in Vietnam using individual-level data from the annual Labor Force Surveys (2012–20). During this period, the average real minimum wage increased by around 4% per year. Overall, we do not find significant effects from minimum wages on employment and monthly wage earnings. However, we find a considerable negative effect on workers' total working hours. Working hours per week are reduced by 0.38% for a 1% increase in the minimum wage. Since total wages remain unchanged, a reduction in working hours results in an increase in hourly earnings. A 1% increase in the minimum wage leads to a 0.32% increase in hourly earnings.

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最低工资对就业的影响：来自中低收入国家的证据

在本研究中，我们利用年度劳动力调查（2012-20 年）中的个人层面数据，研究了越南最低工资的影响。在此期间，平均实际最低工资每年增长约 4%。总体而言，我们没有发现最低工资对就业和月工资收入的显著影响。然而，我们发现最低工资对工人的总工时有相当大的负面影响。最低工资每增加 1%，每周工作时间就会减少 0.38%。由于工资总额保持不变，工时减少导致每小时收入增加。最低工资增加 1%，每小时收入增加 0.32%。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Developing Economies Multiple-

CiteScore

3.60

自引率

9.10%

发文量

期刊介绍： The Developing Economies is the official journal of the Institute of Developing Economies, JETRO, and publishes original research articles dealing with empirical and comparative studies on social sciences relating to the developing countries.