Minimum Wage and Employment: Evidence from Urban Manufacturing in Shanxi Province

DOI

10.2991/aebmr.k.220405.304How to use a DOI?

Keywords

minimum wage; employment; manufacturing; Shanxi Province

Abstract

This paper estimates the effect of minimum wage increases on the employment of the urban manufacturing industry in Shanxi Province. This paper uses the monthly minimum wage standards the number of employees in the urban manufacturing industry to analyze their changes and uses empirical methods to study the relationship between them. The relationship between them is estimated from two stages, long-run and short-run. In the long run, cointegration test results show that the minimum wage growth has a positive impact on urban manufacturing employment. However, in the short term, the error correction model shows that the minimum wage growth has a negative impact on urban manufacturing employment.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - ZhaoQi Peng
AU  - ZiXin Yang
PY  - 2022
DA  - 2022/04/29
TI  - Minimum Wage and Employment: Evidence from Urban Manufacturing in Shanxi Province
BT  - Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022)
PB  - Atlantis Press
SP  - 1815
EP  - 1819
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220405.304
DO  - 10.2991/aebmr.k.220405.304
ID  - Peng2022
ER  -