This paper studies the effects of price regulation and parallel imports in the on-patent pharmaceutical market. In a … that the effects of stricter price regulation crucially depend on whether the producer faces competition from parallel … imports. While parallel imports improve the bargaining position of the distributor, price regulation counteracts this effect …

a unique policy experiment in Norway, where reference pricing (RP) replaced price cap regulation in 2003 for a sub …We study the impact of regulation on competition between brand-names and generics and pharmaceutical expenditures using …-sample of off-patent products. First, we construct a vertical differentiation model to analyze the impact of regulation on …

We study the relationship between regulatory regimes and pharmaceutical firms' pricing strategies using a unique policy …-patent pharmaceuticals, replacing the existing price cap (PC) regulation. We estimate the effect of the reform using a product level panel … dataset, covering the drugs exposed to RP and a large number of drugs still under PC regulation in the time before and after …

coinsurance. In terms of policy implications, our results suggest that pharmacy incentives are crucial for promoting generic sales. …