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Reference prices constitute a main determinant of patient health care reimbursement in many countries. We study the effects of a change from an "external" (based on a basket of prices in other countries) to an "internal" (based on comparable domestic products) reference price system. We find...
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This paper studies interaction of pharmaceutical regulation and parallel trade in a North-South framework. An … South being larger if both countries regulate as compared to only the South limiting reimbursement. Stricter regulation, i …
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public expenditure, limiting financial exposure of patients, improving access to pharmaceuticals, and stimulating competition …
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