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We evaluate the impact of a price cap regulation implemented in the Colombian pharmaceutical market between 2011 and … after regulation) for the eighteen ATC groups. A triple differences model with fixed time effects and cluster errors is used … to identify the impact of this regulation. We find that the price-cap regulation contributed to reduce prices in three of …
Persistent link: https://www.econbiz.de/10013238087
strengthen the comprehensive supply of pharmaceuticals to the general population, additional reforms are necessary. …
Persistent link: https://www.econbiz.de/10015202669
Three months into the COVID-19 outbreak caused by a novel strain of coronavirus (SARS-CoV-2), the world is still in …
Persistent link: https://www.econbiz.de/10012837598
We evaluate the impact of government mandated proof of vaccination requirements for access to public venues and non-essential businesses on COVID-19 vaccine uptake. We find that the announcement of a mandate is associated with a rapid and significant surge in new vaccinations (more than 60%...
Persistent link: https://www.econbiz.de/10012795392
the proliferation of immunity-escaping variants. Therefore governmental rationality around the world would suggest any …
Persistent link: https://www.econbiz.de/10013254230
What is the return to COVID-19 vaccine innovation? This paper seeks to quantify both private and social returns, using available data on commercialized vaccines and certain assumptions about the pandemic’s epidemiological path as well as the economic costs of containment measures. The...
Persistent link: https://www.econbiz.de/10014357767
Persistent link: https://www.econbiz.de/10015394765
To examine the drivers of innovation, this paper studies the global R&D effort to fight the deadliest diseases and presents four results. We find: (1) global pharmaceutical R&D activity - measured by clinical trials - typically follows the 'law of diminishing efforts': i.e. the elasticity of R&D...
Persistent link: https://www.econbiz.de/10012430944
Policy makers use reference pricing to curb pharmaceutical expenditures by reducing coverage of expensive branded drugs. In a theoretical analysis we show that the net effect of reference pricing is generally ambiguous when accounting for entry by generic producers. Reference pricing shifts...
Persistent link: https://www.econbiz.de/10013285854
In response to the epidemic of prescription-drug abuse, now 49 US states have passed legislation to establish Prescription Drug Monitoring Programs (PDMPs). These programs track controlled-substance prescribing and usage behavior in an effort to improve patient outcomes and identify and preempt...
Persistent link: https://www.econbiz.de/10012947727