{"title":"Does the minimum wage improve the welfare of workers? Evidence from the 2013 minimum wage reform in Thailand","authors":"Wannaphong Durongkaveroj","doi":"10.1111/apel.12366","DOIUrl":null,"url":null,"abstract":"<p>The purpose of this study is to examine the effects of the 2013 minimum wage reform in Thailand. The study employs a difference-in-difference (DID) estimation and utilises data drawn from comprehensive socioeconomic household surveys from 2009 to 2019. The findings suggest that the minimum wage reform significantly increased the average daily earnings, the number of paid days of employment, consumption expenditure per capita, and income per capita. However, the minimum wage reform had little impact on poor households. The results withstand different estimation techniques and a set of additional controls.</p>","PeriodicalId":44776,"journal":{"name":"Asian-Pacific Economic Literature","volume":"36 2","pages":"52-70"},"PeriodicalIF":0.9000,"publicationDate":"2022-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Asian-Pacific Economic Literature","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/apel.12366","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
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Abstract
The purpose of this study is to examine the effects of the 2013 minimum wage reform in Thailand. The study employs a difference-in-difference (DID) estimation and utilises data drawn from comprehensive socioeconomic household surveys from 2009 to 2019. The findings suggest that the minimum wage reform significantly increased the average daily earnings, the number of paid days of employment, consumption expenditure per capita, and income per capita. However, the minimum wage reform had little impact on poor households. The results withstand different estimation techniques and a set of additional controls.
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Asian-Pacific Economic Literature (APEL) is an essential resource for anyone interested in economic development in the Asian-Pacific region. With original articles on topical policy issues, literature surveys, and abstracts of articles from over 300 journals, APEL makes it easy for you to keep ahead of the proliferating research on this dynamic and increasingly important region. Read by politicians, journalists, businesspeople, policy-makers, industrialists and academics, APEL avoids technical jargon, and is the only journal devoted to one-stop, in-depth reporting of research on the development of Asian-Pacific economies.
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