Firm Characteristics as Determinants of Views on the Minimum Wage Policy

Gerardo Sicat ()

No 201005, UP School of Economics Discussion Papers from University of the Philippines School of Economics

Abstract: In this study, the opinions of operating enterprises regarding the minimum wage policy are studied with the use of ordered logit regression model. The study uses survey data that asked a series of questions dealing with labor market policies in the Philippines. The aim of this regression model is to estimate the probability that the respondent would choose one of the following ordered levels of answers to the question involving their opinion of the country's process of setting the minimum wage level : very poor, poor, fair, good, and excellent. The results of the regressions show that categorical groupings of the respondent firms determine the direction in which respondent firms choose their judgment of the labor policy issue. In particular, the nature of ownership, market orientation of the firm, age of the enterprise, employment size, among others, and even the specific position of the official of the company assigned to answer the survey play important influences on the formation of the firm's opinion on the policy. Such findings are likely to be important in framing reform issues on labor policies.

Pages: 32 pages
Date: 2010-04
New Economics Papers: this item is included in nep-lab and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published as UPSE Discussion Paper No. 2010-05, April 2010

Downloads: (external link)
http://www.econ.upd.edu.ph/dp/index.php/dp/article/viewFile/3/3 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:phs:dpaper:201005

Access Statistics for this paper

More papers in UP School of Economics Discussion Papers from University of the Philippines School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by RT Campos ().