IDEAS home Printed from https://ideas.repec.org/h/eme/ceazzz/s0573-8555(2010)0000290013.html
   My bibliography  Save this book chapter

Chapter 10 A Survey on the Economics of the U.S. Pharmaceutical Industry

In: Current Issues in Health Economics

Author

Listed:
  • Ian McCarthy

Abstract

With expenditures totaling $227 billion in 2007, prescription drug purchases are a growing portion of the total medical expenditure, and as this industry continues to grow, prescription drugs will continue to be a critical part of the larger health care industry. This chapter presents a survey on the economics of the US pharmaceutical industry, with a focus on the role of R&D and marketing, the determinants (and complications) of prescription drug pricing, and various aspects of consumer behavior specific to this industry, such as prescription drug regulation, the patient's interaction with the physician, and insurance coverage. This chapter also provides background in areas not often considered in the economics literature, such as the role of pharmacy benefit managers in prescription drug prices and the differentiation between alternative measures of prescription drug prices.

Suggested Citation

  • Ian McCarthy, 2010. "Chapter 10 A Survey on the Economics of the U.S. Pharmaceutical Industry," Contributions to Economic Analysis, in: Current Issues in Health Economics, pages 201-241, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:ceazzz:s0573-8555(2010)0000290013
    DOI: 10.1108/S0573-8555(2010)0000290013
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/S0573-8555(2010)0000290013/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/S0573-8555(2010)0000290013/full/epub?utm_source=repec&utm_medium=feed&utm_campaign=repec&title=10.1108/S0573-8555(2010)0000290013
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/S0573-8555(2010)0000290013/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/S0573-8555(2010)0000290013?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:ceazzz:s0573-8555(2010)0000290013. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.