Table 9 Industry tariffs and wage differential; formal and informal workers; IV estimation
From: Trade liberalization and informality in Argentina: exploring the adjustment mechanisms
Dep. var.: logarithm of workers’ hourly wages | (1) | (2) |
|---|---|---|
A) Definition 1: share of small-size firms in industry | ||
= 1 if informal | 1.245 [1.733] | 0.038 [1.402] |
Log of tariffs | − 0.062 [0.201] | − 0.035 [0.167] |
= 1 if informal*Log of tariffs | − 0.48 [0.582] | − 0.07 [0.465] |
= 1 if informal*Log of tariffs*S | − 0.005 [0.151] | |
Observations | 20661 | 20661 |
B) Definition 2: indicator of small-size industry | ||
= 1 if informal | 1.245 [1.733] | 0.341 [1.588] |
Log of tariffs | − 0.062 [0.201] | − 0.024 [0.167] |
= 1 if informal*Log of tariffs | − 0.48 [0.582] | − 0.185 [0.514] |
= 1 if informal*Log of tariffs*S | 0.019 [0.079] | |
Observations | 20661 | 20661 |