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Economic Consequences of National Organized Drug Centralized Volume Procurement Policy—A Review of Empirical Literature

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  • Jingyi Cheng

    (Southwestern University of Finance and Economics, School of Finance)

Abstract

The implementation of China’s National Organized Drug Centralized Volume Procurement (NCDP) policy represents a historic shift in drug pricing in the world’s largest pharmaceutical market. This paper reviews research on the policy’s mechanisms and economic impacts on pharmaceutical firms and the industry, identifies limitations in existing studies—such as overreliance on listed companies, limited long-term analysis, and insufficient heterogeneity assessment—and proposes future research directions, including longitudinal tracking, refined impact analysis, and comprehensive evaluation of the industrial chain ecosystem. The findings aim to inform scholars and support policy improvement.

Suggested Citation

  • Jingyi Cheng, 2026. "Economic Consequences of National Organized Drug Centralized Volume Procurement Policy—A Review of Empirical Literature," Advances in Economics, Business and Management Research,, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6239-672-2_25
    DOI: 10.2991/978-94-6239-672-2_25
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