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I study the effect of reference pricing on competition by parallel imports, in particular the market share of parallel imports and the number of parallel traders. First, I analyze the effect of reference pricing on competition by parallel imports in a vertical differentiation model with a...
Persistent link: https://www.econbiz.de/10011949019
I study the effect of reference pricing on competition by parallel imports, in particular the market share of parallel imports and the number of parallel traders. First, I analyze the effect of reference pricing on competition by parallel imports in a vertical differentiation model with a...
Persistent link: https://www.econbiz.de/10012317604
Persistent link: https://www.econbiz.de/10011483923
Persistent link: https://www.econbiz.de/10008520728
Most existing studies on parallel trade conclude that it reduces pharmaceutical firms' profits. One special feature of the pharmaceutical industry is the presence of price regulation in most countries. Taking into account the impact of parallel trade on the regulated pharmaceutical prices shows...
Persistent link: https://www.econbiz.de/10012871310
, particularly from an economic standpoint. In this regard, pharmaceuticals are not generally traded in what might be described as a … because it is imported. Parallel trade (i.e., imports and exports) in pharmaceuticals takes place in markets that are … international exhaustion. This should help to facilitate price reductions in the global market for pharmaceuticals …
Persistent link: https://www.econbiz.de/10014124812
We study the moral hazard effects of the drug copayment threshold in Finland using detailed prescription drug purchase data. The analysis reveals that the average drug costs increase discontinuously by 17% at the threshold above which out-of-pocket drug costs decrease substantially. Our results...
Persistent link: https://www.econbiz.de/10014289803
Persistent link: https://www.econbiz.de/10009012129
The impact of parallel trade on innovation in R&D-intensive industries, such as pharmaceuticals, is a hotly debated …
Persistent link: https://www.econbiz.de/10012898605
We study the moral hazard effects of the drug copayment threshold in Finland using detailed prescription drug purchase data. The analysis reveals that the average drug costs increase discontinuously by 17% at the threshold above which out-of-pocket drug costs decrease substantially. Our results...
Persistent link: https://www.econbiz.de/10014347995