Could the minimum wage policy reduce food insecurity among households of formal workers in Indonesia?

Table 4 The effect of log real minimum wage on log real wages

Sector	OLS^a	UQR in mean^b	UQR in median^b
Agriculture (n = 20115)	− 0.164	− 0.164	− 1.282
Mining and quarrying (n = 7728)	− 0.924	− 0.924	− 2.076
Manufacture industries (n = 45492)	2.587***	2.587**	3.108*
Electricity, Gas and Water Supply (n = 2673)	0.679	0.679	1.963
Construction (n = 22138)	0.538	0.538	1.312
Trade, Hotel and Restaurant (n = 46120)	0.489	0.489	1.427
Transport and Communication (n = 13409)	0.610	0.610	0.833
Finance Dwelling and Business (n = 14234)	1.322*	1.322	0.702
Services (n = 66593)	− 0.015	− 0.015	− 0.295

a Robust standard errors b Bootstrapped standard errors (100 replications)
t-statistics: * p < 0.1, ** p < 0.05, *** p < 0.01. Control variables at the provincial level: inflation, economic growth, and neighboring real minimum wage. Control variables at the individual level: location, gender, age, age squared, education, and job tenure. Fixed effect: province and year

ISSN: 2048-7010