Costa-i-Font, Joan; Varol, Nebibe; McGuire, Alistair - London School of Economics (LSE) - 2011
adoption of generic competition. This paper aims to investigate how price regulations in the OECD affect the adoption of … heterogeneity. Ex-ante profit expectations result in faster adoption; both expected price and market size increase the probability … adoption across different specifications. Instead, evidence indicates that generic competitors follow a locally oriented …