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Medicines in parallel trade in the European Union: a gravity specification
Costa-i-Font, Joan; Kanavos, Panos - London School of Economics (LSE) - 2007
While recent research has explored the phenomenon of drug parallel trade in regulated environments such as the European … is price differences across countries, the propagation mechanism lies in (a) the way drug prices are regulated across … drug prices are regulated. The implications that flow from our study are that a more flexible and competitive and less …
Persistent link: https://www.econbiz.de/10010745350
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Multiple criteria decision analysis for value based assessment of new medical technologies: a conceptual framework
Kanavos, Panos; Angelis, Aris - London School of Economics (LSE) - 2013
Assessing the value of new medical technologies may require new approaches that take into account a more comprehensive set of parameters than the incremental cost/QALY. It is argued that MCDA can fulfil this role and has the potential to be methodologically superior to the currently used...
Persistent link: https://www.econbiz.de/10010884583
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The changing role of government in financing health care: an international perspective
Stabile, Mark; Thomson, Sarah - London School of Economics (LSE) - 2014
This paper explores the changing role of government involvement in health care financing policy outside the United States. It provides a review of the economics literature in this area to elucidate the implications of recent policy changes on efficiency, costs, and quality. Our review reveals...
Persistent link: https://www.econbiz.de/10011126077
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Determinants of branded prescription medicine prices in OECD countries
Kanavos, Panos G.; Vandoros, Sotiris - London School of Economics (LSE) - 2011
This paper investigates the determinants of the prices of branded prescription medicines across different regulatory settings and health care systems, taking into account their launch date, patent status, market dynamics and the regulatory context in which they diffuse. By using volume-weighted...
Persistent link: https://www.econbiz.de/10010884744
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Free to choose?: reform and demand response in the English National Health Service
Gaynor, Martin; Propper, Carol; Seiler, Stephan - London School of Economics (LSE) - 2012
The impacts of choice in public services are controversial. We exploit a reform in the English National Health Service to assess the impact of relaxing constraints on patient choice. We estimate a demand model to evaluate whether increased choice increased demand elasticity faced by hospitals...
Persistent link: https://www.econbiz.de/10010745562
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Cooperatives vs. outside ownership
Hart, Oliver; Moore, John - London School of Economics (LSE) - 1998
constitutions: non-profit cooperatives and outside ownership. In the former, ownership is shared among a group of consumers on a one …
Persistent link: https://www.econbiz.de/10010928786
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Patents and the global diffusion of new drugs
Cockburn, Iain; Lanjouw, Jean O.; Schankerman, Mark - London School of Economics (LSE) - 2014
This paper studies how patent rights and price regulation affect how fast new drugs are launched in different countries, using newly constructed data on launches of 642 new drugs in 76 countries for the period 1983-2002, and information on the duration and content of patent and price control...
Persistent link: https://www.econbiz.de/10011126137
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Advanced purchase commitments for a malaria vaccine: estimating costs and effectiveness
Berndt, Ernst R.; Glennerster, Rachel; Kremer, Michael R.; … - London School of Economics (LSE) - 2005
To overcome the problem of insufficient research and development (R&D) on vaccines for diseases concentrated in low-income countries, sponsors could commit to purchase viable vaccines if and when they are developed. One or more sponsors would commit to a minimum price that would be paid per...
Persistent link: https://www.econbiz.de/10011071268
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Is medicines parallel trade ‘regulatory arbitrage’?
Costa-i-Font, Joan - London School of Economics (LSE) - 2015
In the European Union, medicines are regulated products subject to both single market (e.g., regional exhaustion of property rights) and country specific health care regulations (e.g., medicines pricing). This gives rise to parallel trade (PT), a phenomenon that takes place when a patented...
Persistent link: https://www.econbiz.de/10011171762
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Strong managers, weak boards?
Adams, Renee B.; Ferreira, Daniel - London School of Economics (LSE) - 2009
means. We develop a model in which a CEO's ownership stake and private benefits have opposite effects on his willingness to … optimally commit to a low monitoring intensity when either CEO ownership is low or private benefits are high. Our model suggests … that the existing cross-section evidence on the correlation between board composition and CEO ownership and tenure needs re …
Persistent link: https://www.econbiz.de/10011126080