Atal, Juan Pablo; Cuesta, José Ignacio; Sæthre, Morten - National Bureau of Economic Research - 2022
Quality regulation attempts to ensure quality and foster competition by reducing vertical differentiation, but it may …, which is the primary quality standard for generic drugs. Exploiting the introduction of bioequivalence in Chile, we find … that stronger regulation decreased the number of drugs in the market by 21% and increased average paid prices by 13%. We …