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Price Sensitivity of Demand for Prescription Drugs: Exploiting a Regression Kink Design
Simonsen, Marianne; Skipper, Lars; Skipper, Niels - School of Economics and Management, University of Aarhus - 2010
This paper investigates price sensitivity of demand for prescription drugs using drug purchase records for at 20 …% random sample of the Danish population. We identify price responsiveness by exploiting exogenous variation in prices caused … price sensitivity for different subpopulations and types of drugs. The results suggest low average price responsiveness with …
Persistent link: https://www.econbiz.de/10008456820
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Reference pricing with endogenous generic entry.
Brekke, Kurt R.; Canta, Chiara; Straume, Odd Rune - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2015
price cap regulation, we show that the negative effect on generic entry can be reversed, and that reference pricing is more …
Persistent link: https://www.econbiz.de/10011261212
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Extra costs of integrity: Pharmacy markups and generic substitution in Finland
Izhak, Olena - 2019
I evaluate how the probability of substitution of a prescribed drug in a pharmacy depends on the pharmacists' profits and patients' out of pocket costs. I use Finnish population-wide data covering all prescriptions of three popular antidepressants. I find that one euro increase in the total...
Persistent link: https://www.econbiz.de/10011954307
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Behavioral Responses to Supply-Side Drug Policy During the Opioid Epidemic
Balestra, Simone; Liebert, Helge; Maestas, Nicole; … - 2022
We investigate behavioral responses to a staggered disruption in the supply of prescription opioids across U.S. states: the introduction of electronic Prescription Drug Monitoring Programs (PDMPs). Using administrative datasets, we find PDMPs curtail the proliferation of prescription opioids....
Persistent link: https://www.econbiz.de/10013266669
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Behavioral Responses to Supply-Side Drug Policy During the Opioid Epidemic
Balestra, Simone; Liebert, Helge; Maestas, Nicole; … - 2022
We investigate behavioral responses to a staggered disruption in the supply of prescription opioids across U.S. states: the introduction of electronic Prescription Drug Monitoring Programs (PDMPs). Using administrative datasets, we find PDMPs curtail the proliferation of prescription opioids....
Persistent link: https://www.econbiz.de/10013351760
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Behavioral responses to supply-side drug policy during the opioid epidemic
Balestra, Simone; Liebert, Helge; Maestas, Nicole; … - 2022
We investigate behavioral responses to a staggered disruption in the supply of prescription opioids across U.S. states: the introduction of electronic Prescription Drug Monitoring Programs (PDMPs). Using administrative datasets, we find PDMPs curtail the proliferation of prescription opioids....
Persistent link: https://www.econbiz.de/10013177127
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Behavioral responses to supply-side drug policy during the opioid epidemic
Balestra, Simone; Liebert, Helge; Maestas, Nicole; … - 2022
We investigate behavioral responses to a staggered disruption in the supply of prescription opioids across U.S. states: the introduction of electronic Prescription Drug Monitoring Programs (PDMPs). Using administrative datasets, we find PDMPs curtail the proliferation of prescription opioids....
Persistent link: https://www.econbiz.de/10013184104
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Extra costs of integrity : pharmacy markups and generic substitution in Finland
Izhak, Olena - 2019
I evaluate how the probability of substitution of a prescribed drug in a pharmacy depends on the pharmacists' profits and patients' out of pocket costs. I use Finnish population-wide data covering all prescriptions of three popular antidepressants. I find that one euro increase in the total...
Persistent link: https://www.econbiz.de/10011954334
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The Effects of Detailing on Prescribing Decisions under Two-Sided Learning
Ching, Andrew; Ishihara, Masakazu - Volkswirtschaftliche Fakultät, … - 2007
A fundamental question in pharmaceutical marketing management is: How does the effectiveness of detailing change when additional information on drugs is revealed via patients' experiences during the product lifecycle? To address this question, we develop a model of detailing and prescribing...
Persistent link: https://www.econbiz.de/10005787016
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On Utilization and Stockpiling of Prescription Drugs when Co-payments Increase: Heterogeneity across Types of Drugs
Skipper, Niels - School of Economics and Management, University of Aarhus - 2010
over time to estimate the price elasticity of demand. This is not the case for penicillin however, where price elasticities … are estimated to be in the -.18 – -.35 range. Further, I find that the lower part of the income distribution is more price …
Persistent link: https://www.econbiz.de/10008560254