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Economic Zones and Minimum Wage History in Mexico
Data Science and Analytics
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About
An exploration of the minimum wage in Mexico, this dataset provides a historical overview of minimum salary regulations across different economic zones. The minimum wage represents the legally mandated lowest remuneration an employer must pay workers for a set period. In theory, this amount should cover the fundamental living expenses for a dignified life. This collection of data is weighted in units of minimum wages and tracks the changes from 1982 to 2020.
Columns
- Vigencia: The effective date for the specified minimum wage.
- Zona A: The minimum wage for Zone A, which covers most of the Mexican territory.
- Zona B: The minimum wage for the historical Zone B. The value is often 'Eliminada', indicating the zone has been merged or discontinued.
- Zona C: The minimum wage for the historical Zone C. The value is often 'Eliminada', indicating the zone has been merged or discontinued.
- Zona Fronteriza: The minimum wage for the Border Zone, which includes the area along the international dividing line and twenty kilometres into the interior of Mexico.
Distribution
- Format: The data is provided in a CSV file named
Historico_salario_minimo_mexico.csv. - Size: The file size is approximately 2.14 kB.
- Structure: The dataset contains 56 records and 5 columns. There are no missing values reported.
Usage
This dataset is ideal for economic analysis, historical research, and public policy studies. It can be used to track the evolution of wages in Mexico, compare economic conditions across different regions, and analyse the impact of wage policies over time. Researchers can also use it to study labour economics and income inequality trends.
Coverage
- Geographic: The data covers various economic zones within Mexico, including a general Zone A for most of the country and a specific Border Zone. It also includes data for historical zones (B and C) that are now eliminated.
- Time Range: The dataset spans from 1 January 1982 to 1 January 2020.
- Demographic: The data pertains to formal workers in Mexico who are subject to minimum wage laws.
License
CC0: Public Domain
Who Can Use It
- Economists and Researchers: For studying wage trends, inflation, and economic policy in Mexico.
- Policy Analysts: To evaluate the historical impact of minimum wage adjustments on the workforce.
- Historians: For research on the economic history of Mexico over the last four decades.
- Data Journalists: To create visualisations and reports on income and employment in Mexico.
Dataset Name Suggestions
- Historical Minimum Wage in Mexico (1982-2020)
- Mexico Minimum Wage Evolution by Zone
- Mexican Salary Data: A Historical Perspective
- Economic Zones and Minimum Wage History in Mexico
Attributes
Original Data Source: Economic Zones and Minimum Wage History in Mexico
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