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search of an effective therapeutic drug. Experimental drugs developed for other infections, such as Gilead's remdesivir, have … developing broad-spectrum drugs.These drugs, however, confront a market failure: what firm will invest millions developing a drug …-spectrum antiviral drugs developed up to phase III clinical trials in the FDA drug approval process. I also emphasize the importance of …
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the share of the population that consumes this drug. In order to identify movements along the cocaine consumption …/demand function, this article instruments for cocaine prices with variables that affect the supply of cocaine. Liberalization of drug …
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The COVID-19 pandemic has highlighted problems regarding scarcity of lifesaving medicines. During pandemics and epidemics, a sudden surge in demand for medicines is often unmatched on the supply side. Moreover, the same intellectual property rights that are supposed to incentivize their creation...
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implementations of the Prescription Drug Monitoring Programs as quasi-experiments and an instrumented variable approach. We find …
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