Minimum wage as the determinant of productivity in EU countries
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F25%3A43926703" target="_blank" >RIV/62156489:43110/25:43926703 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.1504/IJCEE.2024.10062965" target="_blank" >https://doi.org/10.1504/IJCEE.2024.10062965</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1504/IJCEE.2024.10062965" target="_blank" >10.1504/IJCEE.2024.10062965</a>
Alternative languages
Result language
angličtina
Original language name
Minimum wage as the determinant of productivity in EU countries
Original language description
When introducing and setting minimum wages, primarily to reduce poverty and avoid undesirable phenomena in the labour market, it is necessary to monitor the impact on various aspects of the real economy. This paper focuses on demonstrating the positive impact of nominal minimum wage growth on productivity in EU countries. A cluster analysis is used to divide countries into two distinguished clusters. Using panel regression, the effect of a minimum wage is found to be significant and positive. To rule out spurious regressions and to demonstrate the robustness of the performed analyses, appropriate covariates are included in the models, different forms of productivity are modelled, and the models are also estimated independently for each cluster.
Czech name
—
Czech description
—
Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
—
Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
International Journal of Computational Economics and Econometrics
ISSN
1757-1170
e-ISSN
1757-1189
Volume of the periodical
15
Issue of the periodical within the volume
1/2
Country of publishing house
GB - UNITED KINGDOM
Number of pages
15
Pages from-to
3-17
UT code for WoS article
001447072200001
EID of the result in the Scopus database
2-s2.0-105000538715