Budiarty, Ida (2018) IMPACT OF MINIMUM WAGE IN MANUFACTURING INDUSTRY OF LAMPUNG PROVINCE. Conference Proceeding The 14th IRSA Internastional Conference. pp. 236-245. ISSN 9772654385185

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Abstract

The purpose of this study is to explore the effect of minimum wage growth in medium and large scale manufacturing industries in Lampung Province. The data used is time series data 1995-2003 interpolated in the form of quarterly data. The model employed are labor equations and reduced form wage equations that it derived from simultaneous model of labour market equilibrium. The results show that the minimum wage significantly increases wages and workers in medium-scale manufacturing industries, whereas in large industries the minimum wage growth is not proven to be significant to number of workers or wages levels but has a negative tendency. If the minimum wage policy aims to increase the wages of workers then this policy is effective for medium-scale industries but not effective for large-scale industries. It would be better if the future of this policy not only determines a single wage value but also determines the sectoral wages to improve policy effectiveness.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Fakultas Ekonomi dan Bisnis (FEB) > Prodi Ekonomi Pembangunan
Depositing User: IDA BUDIAR
Date Deposited: 14 May 2019 03:05
Last Modified: 14 May 2019 03:05
URI: http://repository.lppm.unila.ac.id/id/eprint/12462

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