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Subject: Minimum wage ×

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Now showing 1 - 10 of 11
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    When do mnimum wages determine income inequality? the effect of regional heterogeneity and the Philippine case (1991-2009)
    (2012-03) Reinoso, Regina Teresa B.; Tamase, Paolo Emmanuel S.; Desierto, Desiree A.
    This paper aims to explore the relationship between minimum wages and regional income inequality in the Philippine case. In particular, the objective of the paper is to assess whether minimum wages exacerbated regional income inequality in the Philippines, and if so, under which circumstances. The main experiment consisted of two data sets-pre-2005 and post-2005-that included the gini coefficient as dependent variable; the non-agriculture, agriculture (plantation), and agriculture (non- plantation) minimum wages as main independent variables of interest; and controls. Using panel data regression techniques, it is discovered that, individually, minimum wages were insignificant on both pre-2005 and post-2005 models; however, for the pre-2005 model, the three wages did have a jointly significant effect on the dependent variable. The peculiarity is attributed to intra-regional heterogeneity, which is also used to explain the difference between the Philippine experience and those of Latin American countries, as well as the disparity between the pre-2005 and post-2005 results. In its conclusion, the paper challenges conventional wisdom offered by classical theory: first, minimum wages have a significant effect on income distribution if a single or a few wages are imposed on a heterogeneous labor market; and second, if minimum wages are imposed on more homogenous sectors of the labor market, they lose any significant impact on income inequality.
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    The implications of the minimum wage to the workers' standard of living
    (1980-10-21) Gulinao, Rosario D.; Alozo, ruperto P.
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    An analysis of legislated minimum wage and price ceiling of controlled commodities 1980-1984
    (1985-03-23) Villafuerte, James P.; Tidalgo, Rosa Linda
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    An inquiry into the effectiveness of the minimum wage legislation in Philippine manufacturing
    (1969-05) Armas, Armando C. Jr.; Worcester, Dean A. Jr.
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    The impact of minimum wage, capital-labor ratio and labor productivity on the employment of production workers in the manufacturing sector using three-digit industries (1988-1995)
    (2009-04) Vergara, Jan Paula; Feliciano, Paul Neilmar; Tan, Edita
    This paper reviews the impact of Minimum Wage on the production workers in the manufacturing sector right after the imposition of regional minimum wage. Other factors such as labor productivity's and capital-labor ratio's effects on the employment of the said group of workers are also included. The demand elasticity of the industries serves as the link between the three factors to the employment. The empirical study is carried out using regression analysis and OLS method of the cross-sectional data on the 29 3-digit industries in the Philippine manufacturing sector. During 1989-1992, there is an almost proportionate change between wage and employment. A 10% increase in the statutory minimum wage would result to a 10.69% decrease in employment, ceteris paribus. In period 1992-1995, there is higher employment loss for every increase in wage compared to the first period. Specifically, a 10% increase in statutory minimum wage would result to a 12% increase in employment foregone, ceteris paribus. Another independent variable (capital-labor ratio) has a negative relationship but proved as insignificant. A possible explanation is that capital and labor are not perfect substitutes. Wage and output per worker variables are added to the equation. For the 1989 to 1992 period, it is shown that a change in wage will have a stronger effect on employment than a change in output per worker. However, surprising changes have manifested in period 1992 to 1995. Changes in output per worker dominantly explain the changes in employment in period 1992 to 1995. The rate of change of output per worker has a more significant role in determining the rate of employment foregone in the manufacturing sector for the 1992 to 1995 period. Lastly, three independent variables are regressed against the independent variable. The results show that wage still has the most influence in changes in employment in period 1989 to 1992. In the 1992 to 1995 period, output per worker is the most influential factor in the change in employment.
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    The effects of a formal sector minimum wage on the informal sector
    (1999-10) Del Castillo, Ma. Corazon; Miranda, Casimiro V.
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    The effects of minimum wage on employment: theory and evidence in the Philippines
    (1999-03) Licas, Rowena Fely S.; Zabat, Dyna Fe E.