This paper studies the effects of price regulation and parallel imports in the onpatent pharmaceutical market. First … imports. While parallel imports improve the bargaining position of the pharmacy, price regulation counteracts this effect and … caps, we show that stricter price regulation reduces competition from parallel imports. While the effect is clearly …

This paper studies the effects of price regulation and parallel imports in the on-patent pharmaceutical market. First … imports. While parallel imports improve the bargaining position of the pharmacy, price regulation counteracts this effect and … caps, we show that stricter price regulation reduces competition from parallel imports. While the effect is clearly …

We investigate the welfare impact of parallel imports using a large panel data set containing monthly information on … calculating a counter-factual scenario without parallel trade. According to our estimates, parallel imports reduce the prices for …