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suggest that the intended effects of quality regulation on price competition through increased (perceived) quality of generics …We study the effects of quality regulation on market outcomes by exploiting the staggered phase-in of bioequivalence … requirements for generic drugs in Chile. We estimate that the number of drugs in the market decreased by 25%, average paid prices …
Persistent link: https://www.econbiz.de/10012909796
suggest that the intended effects of quality regulation on price competition through increased (perceived) quality of generics …We study the effects of quality regulation on market outcomes by exploiting the staggered phase-in of bioequivalence … requirements for generic drugs in Chile. We estimate that the number of drugs in the market decreased by 25%, average paid prices …
Persistent link: https://www.econbiz.de/10012910492
Quality regulation attempts to ensure quality and to foster price competition by reducing vertical differentiation, but … bioequivalence requirements in Chile, we show that stronger quality regulation decreased the number of drugs in the market by 25 … effects of quality regulation on price competition through increased (perceived) quality of generics were overturned by …
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substitution rule, and the combination of both on generic competition in a Salop-type model with an off-patent brand-name drug and …
Persistent link: https://www.econbiz.de/10010510801
Quality regulation attempts to ensure quality and foster competition by reducing vertical differentiation, but it may …, which is the primary quality standard for generic drugs. Exploiting the introduction of bioequivalence in Chile, we find … that stronger regulation decreased the number of drugs in the market by 21% and increased average paid prices by 13%. We …
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