, we show that the program reduced average drug prices by 47.4%. Generic drug firms won the majority of the bids and on …

its authorities on the issue of drug control. However, the room for manoeuvring the Bureau was limited, mainly because of … the resilience of the drug economy and the politicised regulations. Struggling in the narrow space between the colonial … short-lived. Its history reveals the resilience of both licit and illicit drug economy and the power struggles that resulted …

2005, China imposed a policy that penalizes hospitals with high drug sale percentage in the total revenue, with the intent … to decrease drug expenditure. Using a unique patient-level data from a large Chinese hospital, I find that physicians … responded not by decreasing drug prescription, but by increasing non-drug services, especially diagnostic tests. There is no …

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 …

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 …