Pharmaceutical Price Controls and Entry Strategies

作者: Margaret K. Kyle

DOI: 10.1162/REST.89.1.88

关键词:

摘要: Abstract This paper finds that the use of price controls has a statistically and quantitatively important effect on extent timing launch new drugs. Firms headquartered in countries regulate reach fewer markets than those without controls. Companies avoid price-controlled markets, are less likely to introduce products additional after entering country. Launches into low-price European further delayed following legalization parallel imports. The results suggest regulation one country affects entry other countries, may affect strategies domestic firms.

参考文章(27)
Richard E. Caves, Michael D. Whinston, Mark A. Hurwitz, Ariel Pakes, Peter Temin, Patent Expiration, Entry, and Competition in the U.S. Pharmaceutical Industry Brookings Papers on Economic Activity. Microeconomics. ,vol. 1991, pp. 1- 66 ,(1991) , 10.2307/2534790
D. Acemoglu, J. Linn, Market Size in Innovation: Theory and Evidence from the Pharmaceutical Industry Quarterly Journal of Economics. ,vol. 119, pp. 1049- 1090 ,(2004) , 10.1162/0033553041502144
LACY GLENN THOMAS, Implicit Industrial Policy: The Triumph of Britain and the Failure of France in Global Pharmaceuticals Industrial and Corporate Change. ,vol. 3, pp. 451- 489 ,(1994) , 10.1093/ICC/3.2.451
Henry G. Grabowski, John M. Vernon, Brand Loyalty, Entry, and Price Competition in Pharmaceuticals after the 1984 Drug Act The Journal of Law and Economics. ,vol. 35, pp. 331- 350 ,(1992) , 10.1086/467257
Sara Fisher Ellison, Iain Cockburn, Zvi Griliches, Jerry Hausman, Characteristics of demand for pharmaceutical products : an examination of four cephalosporins The RAND Journal of Economics. ,vol. 28, pp. 426- 446 ,(1997) , 10.2307/2556023
David Dranove, David Meltzer, Do Important Drugs Reach the Market Sooner The RAND Journal of Economics. ,vol. 25, pp. 402- 423 ,(1994) , 10.2307/2555769
Patricia M. Danzon, Li‐Wei Chao, Does Regulation Drive out Competition in Pharmaceutical Markets The Journal of Law and Economics. ,vol. 43, pp. 311- 358 ,(2000) , 10.1086/467458
Michael J. Mazzeo, Product choice and oligopoly market structure The RAND Journal of Economics. ,vol. 33, pp. 221- 242 ,(2002) , 10.2307/3087431