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Réglementation des prix et formes de la concurrence dans l'industrie pharmaceutique

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  • Claude Le Pen

Abstract

[eng] Price regulation and competition patterns in the ethical drug industry in france. . This article gives the results of an econometric modelization of the ethical drugs price and quantity determination institutionnal process for France. From price and promotion elasticities, it is shown that competition on the pharmaceutical market essentially occurs through promotion and product differenciation rather than through prices.. A comparison with elasticities that has been measured in other institutionnal contexts, and the results of an analysis of the price dynamic of new chimical entities, drive to the conclusion that the mentioned competition patterns are in fact greatly determined by the price regulation process itself. [fre] Réglementation des prix et formes de la concurrence dans l'industrie pharmaceutique. . A partir de la mesure des élasticités-prix et des élasticités-promotion au sein d'un modèle économétrique retraçant, sur données transversales, le processus institutionnel de détermination des quantités et des prix des produits pharmaceutiques, on montre que la concurrence sur ce marché s'exerce peu par les prix et davantage par l'effort promotionnel.. La comparaison de ces résultats avec ceux obtenus par d'autres auteurs dans des contextes institutionnels différents et les résultats d'une étude longitudinale de la dynamique des prix des innovations permettent de poser l'hypothèse que c'est le processus institutionnel de réglementation des prix lui-même qui est en grande partie à l'origine de cette forme de concurrence.

Suggested Citation

  • Claude Le Pen, 1988. "Réglementation des prix et formes de la concurrence dans l'industrie pharmaceutique," Revue Économique, Programme National Persée, vol. 39(6), pages 1159-1192.
  • Handle: RePEc:prs:reveco:reco_0035-2764_1988_num_39_6_409118
    DOI: 10.3406/reco.1988.409118
    Note: DOI:10.3406/reco.1988.409118
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    References listed on IDEAS

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    1. Comanor, William S, 1986. "The Political Economy of the Pharmaceutical Industry," Journal of Economic Literature, American Economic Association, vol. 24(3), pages 1178-1217, September.
    2. Reekie, W Duncan, 1978. "Price and Quality Competition in the United States Drug Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 26(3), pages 223-237, March.
    3. Nancy L. Stokey, 1979. "Intertemporal Price Discrimination," The Quarterly Journal of Economics, Oxford University Press, vol. 93(3), pages 355-371.
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    Cited by:

    1. Stéphane Jacobzone, 1998. "Le rôle des prix dans la régulation du secteur pharmaceutique," Économie et Statistique, Programme National Persée, vol. 312(1), pages 35-53.

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