MAYNERIS, Florian; PONCET, Sandra; ZHANG, Tao - Center for Operations Research and Econometrics (CORE), … - 2014
We here consider how Chinese firms adjust to higher minimum wages and how these affect aggregate productivity …, exploiting the 2004 minimum-wage reform in China. We find that higher city-level minimum wages reduced the survival probability …, wage costs rose without any negative employment effect. At the city-level, our results show that higher minimum wages …