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Do Minimum Wage Increases Matter to Firm Profitability? The Case of Vietnam.
- Source :
- Journal of International Development; Aug2017, Vol. 29 Issue 6, p790-804, 15p
- Publication Year :
- 2017
-
Abstract
- This paper measures the impact of a minimum wage increase in 2005 on profitability of private firms in Vietnam using a difference-in-differences with propensity score matching method. Data used for this analysis are from Vietnam Enterprise Censuses in 2004 and 2006. It is found that the impact estimate of the minimum wage increase in 2005 from 290 to 350 thousand VND on firms' profit margins is very small and negative and not statistically significant. Copyright © 2013 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]
- Subjects :
- WAGE increases
BUSINESS valuation
BUSINESS performance measurement
MINIMUM wage
Subjects
Details
- Language :
- English
- ISSN :
- 09541748
- Volume :
- 29
- Issue :
- 6
- Database :
- Complementary Index
- Journal :
- Journal of International Development
- Publication Type :
- Academic Journal
- Accession number :
- 124486215
- Full Text :
- https://doi.org/10.1002/jid.2920