Abstract

The aim of this study is to analyze the factors that affect the minimum wage across different provinces in Indonesia. The study examines secondary data from Indonesia's Central Statistics Agency for the period 2018-2022, encompassing 34 provinces. The dependent variable in this study is the minimum wage of each province, while the independent variables used in this study are the need for a decent living, inflation, gross domestic product, and consumer price index. The data analysis method applied is panel data regression analysis with a random effect model. The research findings indicate that a higher standard of living, an increase in gross domestic product, and a rise in the consumer price index have a positive and significant effect on the minimum wage of each province. However, inflation does not appear to have a significant impact on the minimum wage of each province.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.