Fang, Hanming; Lei, Xiaoyan; Shi, Julie; Yi, Xuejie - 2021
predicts that the drug price zero markup policy (ZMP) will lead to a reduction in the demand for drugs but an increase in the … demand for non-drug services, only when the demands for drugs and non-drug services are at least partially physician induced … decreases drug expenses by 63.4 log points (47.0 percent), but the reduction in drug expenses is almost fully substituted by the …