Micro Economic Effects of Minimum Wage Regimes and Employment in Nigeria : The Case of the Manufacturing Industry

2012 ◽  
Vol 1 (12) ◽  
pp. 16-25
Author(s):  
M. A. Bashir ◽  
Ismaila Bolarinwa Kadiri
Keyword(s):  
Minimum Wage ◽  
Manufacturing Industry ◽  
Economic Effects

scholarly journals RESEARCH ON THE ECONOMIC EFFECT OF INDUSTRIAL STRUCTURE COLLABORATIVE AGGLOMERATION

2021 ◽  
Author(s):  
HONG-XIA WU ◽  
CHAO CUI
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Manufacturing Industry ◽  
Industrial Structure ◽  
Economic Effect ◽  
Reference Value ◽  
Economic Effects ◽  
Growth Effect ◽  
Producer Services ◽  
Conduction Path

In order to promote the coordinated development of industrial structure towards manufacturing industry and producer services and improve the level of regional economic development, the "double-wheel drive" development mode of modern service industry and manufacturing industry in developed regions or countries is studied, and the economic effect of the collaborative agglomeration of producer services and manufacturing industry is studied. The most basic economic effects of industrial collaborative agglomeration are economic growth effect and industrial structure upgrade effect. The Yangtze River Delta urban agglomeration must reasonably promote the "two-wheel" driving strategy, change the mode of economic development, relieve the crowded effect of industrial collaborative agglomeration, and transform the negative effect of industrial collaborative agglomeration on economic growth. This study has reference value in the following aspects: to ease the spillover conduction path of industrial collaborative agglomeration, to strengthen the coordinating and leading role of central cities, to accelerate industrial upgrading, and to narrow the regional income gap.

scholarly journals The Washington State Merged Longitudinal Administrative Database

2018 ◽  
Vol 3 (5) ◽  
Author(s):  
Jennifer Romich ◽  
Mark Long ◽  
Scott Allard ◽  
Anne Althauser
Keyword(s):  
Minimum Wage ◽  
Race And Ethnicity ◽  
Data Access ◽  
Well Being ◽  
Vital Statistics ◽  
Washington State ◽  
Economic Effects ◽  
Administrative Database ◽  
Administrative Dataset ◽  
Federal Minimum Wage

This paper describes a uniquely comprehensive database constructed from merged state administrative data.  State Unemployment Insurance (UI) systems provide an important source of data for understanding employment effects of policy interventions but have also lack several key types of information: personal demographics, non-earnings income, and household associations.  With UI data, researchers can show overall earnings or employment trends or policy impacts, but cannot distinguish whether these trends or impacts differ by race or gender, how they affect families and children, or whether total income or other measure of well-being change. This paper describes a uniquely comprehensive new administrative dataset, the Washington Merged Longitudinal Administrative Database (WMLAD), created by University of Washington researchers to examine distributional and household economic effects of the Seattle $15 minimum wage ordinance, an intervention that more than doubled the federal minimum wage.  WMLAD augments UI data with state administrative voter, licensing, social service, income transfer, and vital statistics records. The union set of all individuals who appear in any of these agency datasets will provide a near-census of state residents and will augment UI records with information on age, sex, race/ethnicity, public assistance receipt, and household membership. In this paper, we describe 1.) our relationship with the Washington State Department of Social and Health Services that permits this data access and allows construction of this dataset using restricted personal identifiers; 2.) the merging and construction process, including imputing race and ethnicity and constructing quasi-households from address co-location; and 3.) planned benchmarking and analysis work.

scholarly journals Macroeconomic Long-Run Effects of the German Minimum Wage when Labor Markets are Frictional

2020 ◽  
Vol 240 (2-3) ◽  
pp. 351-386 ◽  
Author(s):  
Helge Braun ◽  
Roland Döhrn ◽  
Michael Krause ◽  
Martin Micheli ◽  
Torsten Schmidt
Keyword(s):  
Labor Market ◽  
Minimum Wage ◽  
Structural Model ◽  
Economic Effects ◽  
Relative Price ◽  
Wage Policy ◽  
Market Outcomes ◽  
Long Run ◽  
Search And Matching Frictions ◽  
Negative Effect

AbstractThis paper analyzes the introduction of the German minimum wage in 2015 in a structural model geared to quantitatively assess its long-run economic effects. We first employ a simple neoclassic model where wages equal their marginal product, then extend this model to two sector economy, and finally introduce search and matching frictions. Even though all model variants remain highly stylized, they yield quantitative insights on the importance of different mechanisms and channels through which minimum wages affect outcomes in the long run. In this framework, the minimum wage has a strong negative effect on employment. When sectors are differently affected by the minimum wage, sectoral relative price changes play an important quantitative role. Other labor market policies and institutions are important for the transmission of minimum wage policy on labor market market outcomes.

The Economic Effects of a Citywide Minimum Wage

ILR Review ◽  
2007 ◽  
Vol 60 (4) ◽  
pp. 522-543 ◽  
Author(s):  
Arindrajit Dube ◽  
Suresh Naidu ◽  
Michael Reich
Keyword(s):  
Measurement Error ◽  
Minimum Wage ◽  
Wage Inequality ◽  
Fast Food ◽  
Economic Effects ◽  
Price Increase ◽  
Full Time ◽  
Job Tenure ◽  
Control Groups ◽  
Fast Food Restaurants

This paper presents the first study of the economic effects of a citywide minimum wage—San Francisco's adoption of an indexed minimum wage, set at $8.50 in 2004 and $9.14 by 2007. Compared to earlier benchmark studies by Card and Krueger and by Neumark and Wascher, this study surveys table-service as well as fast-food restaurants, includes more control groups, and collects data for more outcomes. The authors find that the policy increased worker pay and compressed wage inequality, but did not create any detectable employment loss among affected restaurants. The authors also find smaller amounts of measurement error than characterized the earlier studies, and so they can reject previous negative employment estimates with greater confidence. Fast-food and table-service restaurants responded differently to the policy, with a small price increase and substantial increases in job tenure and in the proportion of full-time workers among fast-food restaurants, but not among table-service restaurants.

Wynagrodzenie minimalne a ubóstwo, nierówności dochodowe i bezrobocie w Polsce

2016 ◽  
pp. 87-100
Author(s):  
Aneta Mikuła
Keyword(s):  
Income Inequality ◽  
Minimum Wage ◽  
Policy Instrument ◽  
Social Consequences ◽  
Economic Effects ◽  
Labor Costs ◽  
Average Salary ◽  
Wage Policy ◽  
Social Functions ◽  
The Impact

The minimum wage is the wage policy instrument, entailing both economic and social consequences. Supporters of the minimum wage emphasize its role in reducing poverty and reducing income inequalities. In turn, opponents focus on its economic effects, i.e. increase in labor costs and decline in employment. The article focuses on identifying the impact of the minimum wage on reducing poverty and income inequality. The first part contains definitions and the economic and social functions of the minimum wage. The next section presents changes in the minimal salary level in Poland and its relation to the average salary in the years 2003–2014. The rest of the article attempts to assess the effectiveness of raising the minimum wage in combating poverty and reducing income inequality. The effectiveness of this solution is minimal, both in terms of the whole society, as well as socio-economic group, which should benefit most from these effects, i.e. employees.

scholarly journals The debate on the economic effects of minimum wage legislation

2017 ◽  
Vol 6 (2) ◽  
pp. 171
Author(s):  
Santos Miguel Ruesga-Benito ◽  
Fernando Ignacio González-Laxe ◽  
Jose Picatoste
Keyword(s):  
Minimum Wage ◽  
Empirical Analysis ◽  
Economic Effects ◽  
Minimum Wages ◽  
Economic Indicators ◽  
Macroeconomic Variables ◽  
Labor Policies ◽  
Minimum Wage Legislation ◽  
Poverty Levels ◽  
Distribution Of Income

The minimum wage establishment has its origin in the first third of the last century. Since its creation has been a focus of continuing controversy and an unfinished debate on economics field. This work reviews the effects of the minimum wage on employment and other macroeconomic variables, from both theoretical and empirical perspectives. The method is based on the revision of the literature and the main economic indicators. The central contribution of this paper is providing a general reflection on theoretical and empirical analysis about the debate on minimum wage and its effects. The results showed that some labor policies are taking account the effects of austerity strategies, shifting the attention towards the implementation of minimum wages or their updating, in order to reduce the growing inequalities in the distribution of income, and even poverty levels.

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