The impact of minimum wage on automotive companies' performance
Remo Rossi,
Malgorzata Graczyk,
Lenka Viskotová
et al.
Abstract:This paper aims to verify the relationship between minimum wage growth and the financial indicators of automotive companies. As a hi-tech sector, the automotive industry is usually not expected to be affected by minimum wage policies. The introduction of the minimum wage in Germany and the dynamic development of the minimum wage in Eastern European countries make it possible to assess this relationship. German, Czech, Polish, and Slovak automotive company data was obtained from the Orbis database. Panel regres… Show more
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