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interpretation of theory relating price to competition in generic drug markets. We find significant biases associated with estimates …. The effects of the second and third competitors on price have important implications for drug competition policy and the …
Persistent link: https://www.econbiz.de/10014158688
We estimate a dynamic oligopoly entry game in the early U.S. local telephone market. We observe the identities of potential entrants into local markets and therefore the waiting time of each potential entrant before it commits actual entry. To capture the feature of the data, we allow firms to...
Persistent link: https://www.econbiz.de/10013069132
this industry, including the relationship between price and the number of competitors, and between drug characteristics and …
Persistent link: https://www.econbiz.de/10014087735
Persistent link: https://www.econbiz.de/10012009099
Persistent link: https://www.econbiz.de/10003386142
This paper reports the results from a statistical analysis of pharmaceutical price negotiations in Germany, where the … pricing system was changed in 2011 in order to tie prices more to the benefits of the pharmaceuticals. A multiple linear … regression of 187 pharmaceuticals which were assessed from 2011 to 2017 suggests that, despite the change, the manufacturers …
Persistent link: https://www.econbiz.de/10012860771
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Economists have long been interested in analyzing entries and exits of establishments. In many countries administrative datasets provide an excellent source for detailed analysis on a fine and disaggregate level. However, administrative datasets are not without problems: restructuring and...
Persistent link: https://www.econbiz.de/10010199016
We investigate both theoretically and empirically the competitive discipline effect exerted by FDI on plant-level price … theoretical predictions: greenfield FDI has a discipline effect on margins, whilst acquisition FDI increases price-cost margins …
Persistent link: https://www.econbiz.de/10012727031