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Minimum Wages and Firm Exports: Evidence from Vietnamese Manufacturing Firms

Dong Xuan Nguyen
대외경제정책연구원 (Korea Institute for International Economic Policy (KIEP))|2021.03|East Asian Economic Review|제25권 제1호|pp. 99-121|DOI https://dx.doi.org/10.11644/KIEP.EAER.2021.25.1.392

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참고문헌

키워드

임금베트남Vietnam수출WagesExports
주제분류경제학

초록

This paper investigates the relationship between the minimum wage and firm’s export behavior by using firm-level data of Vietnamese manufacturing enterprises over the period 2010 through 2015. In this regard, I apply the logistic regression model for the probability of exporting and the differences-in-differences analysis to the data, and find that raising minimum wage standards drive no new exporters but a rise in a firm’s export sales. Less productive and more labor-intensive firms raise their amount of exports in response to increasing minimum wage levels. Being exposed to increasing minimum wage levels makes a firm under-perform in terms of export sales compared to non-exposed firms.

Abstract

This paper investigates the relationship between the minimum wage and firm’s export behavior by using firm-level data of Vietnamese manufacturing enterprises over the period 2010 through 2015. In this regard, I apply the logistic regression model for the probability of exporting and the differences-in-differences analysis to the data, and find that raising minimum wage standards drive no new exporters but a rise in a firm’s export sales. Less productive and more labor-intensive firms raise their amount of exports in response to increasing minimum wage levels. Being exposed to increasing minimum wage levels makes a firm under-perform in terms of export sales compared to non-exposed firms.

참고문헌 (33)

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