Showing 1 - 10 of 3,140
We study the effects of a change in the way patient reimbursements are calculated on the prices of pharmaceuticals … analyze three therapeutic classes with different treatment durations and show that the reform led to substantial price … decreases for our lifelong treatment and to less substantial price reductions for our medium duration treatment while we do not …
Persistent link: https://www.econbiz.de/10010467805
To examine the drivers of innovation, this paper studies the global R&D effort to fight the deadliest diseases and presents four results. We find: (1) global pharmaceutical R&D activity - measured by clinical trials - typically follows the 'law of diminishing efforts': i.e. the elasticity of R&D...
Persistent link: https://www.econbiz.de/10012430944
domestic products) reference price system. We find that while our estimated consumer compensating variation is small, the …
Persistent link: https://www.econbiz.de/10009717701
What makes prescription drugs cost so much? The media and Congress say it is corporate greed, while pharmaceutical firms blame federal regulations and an expensive drug development process. This study focuses on R & D (R&D) expenditures at global pharmaceutical firms and explores the driving...
Persistent link: https://www.econbiz.de/10011670851
This paper takes advantage of a natural experiment to examine the relationship between the price and saliency of health …
Persistent link: https://www.econbiz.de/10012314696
at a fixed price before an auction. In the "Buy-It-Now" format, the seller has the bargaining power and offers a price …
Persistent link: https://www.econbiz.de/10011407823
We take a fresh look at firms' innovation-productivity linkages, using novel data capturing new aspects of innovative … IP, launches and productivity, controlling for media exposure and firm heterogeneity. Launch activity is associated with … higher SME productivity, especially in the service sector. High-quality launches and medium-size firms help drive this result. …
Persistent link: https://www.econbiz.de/10011992882
This paper analyzes whether part-time employment is beneficial for firm productivity in the service sector. Using a … firm productivity, we estimate a production function including heterogeneous employment shares based on work hours. We find … that a larger part-time employment share leads to greater firm productivity. Additional data on the timing of labor demand …
Persistent link: https://www.econbiz.de/10009124147
/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially … in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU … firms are more likely to achieve productivity gains through capital-embodied technological change at least in medium and low …
Persistent link: https://www.econbiz.de/10011476418
prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence … and labor market power. Reducing tariffs on intermediate inputs has increased a firm's price-cost markup but decreased the …
Persistent link: https://www.econbiz.de/10012169328