Market Power and Regulation in Pharmaceutical Markets
Author
Abstract
Suggested Citation
Note: PDF Document
Download full text from publisher
Other versions of this item:
- Gugler, Klaus & Szücs, Florian, 2023. "Market Power and Regulation in Pharmaceutical Markets," Department of Economics Working Paper Series 343, WU Vienna University of Economics and Business.
References listed on IDEAS
- Ying Fan, 2013. "Ownership Consolidation and Product Characteristics: A Study of the US Daily Newspaper Market," American Economic Review, American Economic Association, vol. 103(5), pages 1598-1628, August.
- Small, Kenneth A & Rosen, Harvey S, 1981.
"Applied Welfare Economics with Discrete Choice Models,"
Econometrica, Econometric Society, vol. 49(1), pages 105-130, January.
- Harvey S. Rosen & Kenneth A. Small, 1979. "Applied Welfare Economics with Discrete Choice Models," NBER Working Papers 0319, National Bureau of Economic Research, Inc.
- Leemore Dafny, 2009. "Estimation and Identification of Merger Effects: An Application to Hospital Mergers," Journal of Law and Economics, University of Chicago Press, vol. 52(3), pages 523-550, August.
- Mark J. McCabe, 2002. "Journal Pricing and Mergers: A Portfolio Approach," American Economic Review, American Economic Association, vol. 92(1), pages 259-269, March.
- Chang-Tai Hsieh & Enrico Moretti, 2003.
"Can Free Entry Be Inefficient? Fixed Commissions and Social Waste in the Real Estate Industry,"
Journal of Political Economy, University of Chicago Press, vol. 111(5), pages 1076-1122, October.
- Hsieh, Chang-Tai T & Moretti, Enrico, 2002. "Can Free Entry Be Inefficient? Fixed Commissions and Social Waste in the Real Estate Industry," Department of Economics, Working Paper Series qt7qw5m9kj, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Chang-Tai Hsieh & Enrico Moretti, 2002. "Can Free Entry be Inefficient? Fixed Commissions and Social Waste in the Real Estate Industry," NBER Working Papers 9208, National Bureau of Economic Research, Inc.
- Siotis, Georges & Ornaghi, Carmine & Castanheira, Micael, 2019.
"Market Definition and Competition Policy Enforcement in the Pharmaceutical Industry,"
CEPR Discussion Papers
14035, C.E.P.R. Discussion Papers.
- Georges Siotis & Carmine Ornaghi & Micael Castanheira De Moura, 2020. "Market Definition and Competition Policy Enforcement in the Pharmaceutical Industry," Working Papers ECARES 2020-49, ULB -- Universite Libre de Bruxelles.
- Laura Grigolon & Frank Verboven, 2014.
"Nested Logit or Random Coefficients Logit? A Comparison of Alternative Discrete Choice Models of Product Differentiation,"
The Review of Economics and Statistics, MIT Press, vol. 96(5), pages 916-935, December.
- Verboven, Frank & Grigolon, Laura, 2011. "Nested logit or random coefficients logit? A comparison of alternative discrete choice models of product differentiation," CEPR Discussion Papers 8584, C.E.P.R. Discussion Papers.
- Farasat A. S. Bokhari & Gary M. Fournier, 2013.
"Entry in the ADHD drugs market: Welfare impact of generics and me-too's,"
Journal of Industrial Economics, Wiley Blackwell, vol. 61(2), pages 339-392, June.
- Farasat A.S. Bokhari & Gary M. Fournier, 2009. "Entry in the ADHD drugs market: Welfare impact of generics and me-toos," Working Papers wp2009_05_01, Department of Economics, Florida State University.
- Pierre Dubois & Laura Lasio, 2018. "Identifying Industry Margins with Price Constraints: Structural Estimation on Pharmaceuticals," American Economic Review, American Economic Association, vol. 108(12), pages 3685-3724, December.
- Train,Kenneth E., 2009.
"Discrete Choice Methods with Simulation,"
Cambridge Books,
Cambridge University Press, number 9780521747387.
- Kenneth Train, 2003. "Discrete Choice Methods with Simulation," Online economics textbooks, SUNY-Oswego, Department of Economics, number emetr2.
- Train,Kenneth E., 2009. "Discrete Choice Methods with Simulation," Cambridge Books, Cambridge University Press, number 9780521766555.
- Berry, Steven & Levinsohn, James & Pakes, Ariel, 1995.
"Automobile Prices in Market Equilibrium,"
Econometrica, Econometric Society, vol. 63(4), pages 841-890, July.
- Steven Berry & James Levinsohn & Ariel Pakes, 1993. "Automobile Prices in Market Equilibrium: Part I and II," NBER Working Papers 4264, National Bureau of Economic Research, Inc.
- Orley Ashenfelter & Daniel Hosken, 2010. "The Effect of Mergers on Consumer Prices: Evidence from Five Mergers on the Enforcement Margin," Journal of Law and Economics, University of Chicago Press, vol. 53(3), pages 417-466.
- Volker Nocke & Michael D. Whinston, 2020.
"Concentration Screens for Horizontal Mergers,"
NBER Working Papers
27533, National Bureau of Economic Research, Inc.
- Nocke, Volker & Whinston, Michael D., 2020. "Concentration Screens for Horizontal Mergers," CEPR Discussion Papers 14979, C.E.P.R. Discussion Papers.
- Volker Nocke & Michael D. Whinston, 2020. "Concentration Screens for Horizontal Mergers," CRC TR 224 Discussion Paper Series crctr224_2020_190, University of Bonn and University of Mannheim, Germany.
- Margaret K. Kyle, 2007. "Pharmaceutical Price Controls and Entry Strategies," The Review of Economics and Statistics, MIT Press, vol. 89(1), pages 88-99, February.
- Danzon, Patricia M & Chao, Li-Wei, 2000. "Does Regulation Drive out Competition in Pharmaceutical Markets?," Journal of Law and Economics, University of Chicago Press, vol. 43(2), pages 311-357, October.
- Steven T. Berry & Joel Waldfogel, 2001. "Do Mergers Increase Product Variety? Evidence from Radio Broadcasting," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(3), pages 1009-1025.
- Andrew Sweeting, 2010. "The effects of mergers on product positioning: evidence from the music radio industry," RAND Journal of Economics, RAND Corporation, vol. 41(2), pages 372-397, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Christos Genakos & Andreas Lamprinidis & James Walker, 2023. "Evaluating merger effects," CEP Discussion Papers dp1921, Centre for Economic Performance, LSE.
- Christos Genakos & Andreas Lamprinidis & James Walker, 2023. "Evaluating merger effects," POID Working Papers 072, Centre for Economic Performance, LSE.
- Genakos, Christos & Lamprinidis, Andreas & Walker, James, 2023. "Evaluating merger effects," LSE Research Online Documents on Economics 121325, London School of Economics and Political Science, LSE Library.
- Lee Branstetter & Chirantan Chatterjee & Matthew J. Higgins, 2016.
"Regulation and welfare: evidence from paragraph IV generic entry in the pharmaceutical industry,"
RAND Journal of Economics, RAND Corporation, vol. 47(4), pages 857-890, November.
- Lee G. Branstetter & Chirantan Chatterjee & Matthew Higgins, 2011. "Regulation and Welfare: Evidence from Paragraph IV Generic Entry in the Pharmaceutical Industry," NBER Working Papers 17188, National Bureau of Economic Research, Inc.
- Brito, Duarte & Pereira, Pedro & Ramalho, Joaquim J.S., 2013.
"Mergers, coordinated effects and efficiency in the Portuguese non-life insurance industry,"
International Journal of Industrial Organization, Elsevier, vol. 31(5), pages 554-568.
- Duarte Brito & Pedro Pereira & Joaquim Ramalho, 2013. "Mergers, Coordinated Effects and Efficiency in the Portuguese Non-Life Insurance Industry," CEFAGE-UE Working Papers 2013_18, University of Evora, CEFAGE-UE (Portugal).
- Tomaso Duso & Annika Herr & Moritz Suppliet, 2014.
"The Welfare Impact Of Parallel Imports: A Structural Approach Applied To The German Market For Oral Anti‐Diabetics,"
Health Economics, John Wiley & Sons, Ltd., vol. 23(9), pages 1036-1057, September.
- Suppliet, Moritz & Duso, Tomaso & Herr, Annika, 2014. "The welfare impact of parallel imports: A structural approach applied to the German market for oral antidiabetics," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100298, Verein für Socialpolitik / German Economic Association.
- Duso, T. & Herr, A. & Suppliet, M, 2014. "The Welfare Impact of Parallel Imports: A Structural Approach Applied to the German Market for Oral Anti-diabetics," Health, Econometrics and Data Group (HEDG) Working Papers 14/09, HEDG, c/o Department of Economics, University of York.
- Tomaso Duso & Annika Herr & Moritz Suppliet, 2014. "The Welfare Impact of Parallel Imports: A Structural Approach Applied to the German Market for Oral Anti-Diabetics," Discussion Papers of DIW Berlin 1373, DIW Berlin, German Institute for Economic Research.
- Duso, Tomaso & Herr, Annika & Suppliet, Moritz, 2014. "The welfare impact of parallel imports: A structural approach applied to the German market for oral anti-diabetics," DICE Discussion Papers 137, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Mitsukuni Nishida, 2015.
"Estimating a Model of Strategic Network Choice: The Convenience-Store Industry in Okinawa,"
Marketing Science, INFORMS, vol. 34(1), pages 20-38, January.
- Mitsukuni Nishida, 2012. "Estimating a Model of Strategic Network Choice: The Convenience-Store Industry in Okinawa," Economics Working Paper Archive 594, The Johns Hopkins University,Department of Economics.
- Justin P. Johnson & Andrew Rhodes, 2021.
"Multiproduct mergers and quality competition,"
RAND Journal of Economics, RAND Corporation, vol. 52(3), pages 633-661, September.
- Johnson, Justin Pappas & Rhodes, Andrew, 2018. "Multiproduct Mergers and Quality Competition," TSE Working Papers 18-967, Toulouse School of Economics (TSE), revised Feb 2021.
- Justin Pappas Johnson & Andrew Rhodes, 2021. "Multiproduct mergers and quality competition," Post-Print hal-03356744, HAL.
- Rhodes, Andrew & Johnson, Justin, 2021. "Multiproduct Mergers and Quality Competition," CEPR Discussion Papers 15830, C.E.P.R. Discussion Papers.
- Montag, Felix, 2022. "Mergers, Foreign Entry, and Jobs: Evidence from the U.S. Appliance Industry," CEPREMAP Working Papers (Docweb) 2207, CEPREMAP.
- Philippe Choné & Lionel Wilner, 2022.
"Financial Incentives and Competitive Pressure: The Case of the Hospital Industry,"
Journal of the European Economic Association, European Economic Association, vol. 20(2), pages 626-666.
- Philippe Choné & Lionel Wilner, 2015. "Complementarity or substitutability in networks? Methodology and application to the hospital industry," Working Papers 2015-07, Center for Research in Economics and Statistics.
- Philippe CHONÉ & Lionel WILNER, 2019. "Competition on Unobserved Attributes: The Case of the Hospital Industry," Working Papers 2019-21, Center for Research in Economics and Statistics.
- P. Choné & L. Wilner, 2019. "Competition on Unobserved Attributes: The Case of the Hospital Industry," Documents de Travail de l'Insee - INSEE Working Papers g2019-07, Institut National de la Statistique et des Etudes Economiques.
- Choné, Philippe & Wilner, Lionel, 2020. "Financial Incentives and Competitive Pressure: The Case of the Hospital Industry," CEPR Discussion Papers 14328, C.E.P.R. Discussion Papers.
- Callejas, Jerónimo & Mohapatra, Debi Prasad, 2021. "Welfare effects of public procurement of medicines: Evidence from Ecuador," International Journal of Industrial Organization, Elsevier, vol. 75(C).
- Suppliet, Moritz, 2020.
"Umbrella branding in pharmaceutical markets,"
Journal of Health Economics, Elsevier, vol. 73(C).
- Suppliet, Moritz, 2017. "Umbrella Branding in Pharmaceutical Markets," Discussion Paper 2017-033, Tilburg University, Center for Economic Research.
- Suppliet, Moritz, 2017. "Umbrella Branding in Pharmaceutical Markets," Other publications TiSEM 6ee607fc-8602-4270-a076-3, Tilburg University, School of Economics and Management.
- Suppliet, Moritz, 2017. "Umbrella Branding in Pharmaceutical Markets," Discussion Paper 2017-034, Tilburg University, Tilburg Law and Economic Center.
- Suppliet, Moritz, 2017. "Umbrella Branding in Pharmaceutical Markets," Other publications TiSEM be3f3c38-5e39-4a67-af57-8, Tilburg University, School of Economics and Management.
- David P. Byrne, 2015. "Testing Models Of Differentiated Products Markets: Consolidation In The Cable Tv Industry," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56(3), pages 805-850, August.
- Federico Rossi, 2023. "Mergers with endogenous product choice: The case of the ready-to-eat cereal industry," Quantitative Marketing and Economics (QME), Springer, vol. 21(1), pages 1-64, March.
- Pereira, Pedro & Ribeiro, Tiago, 2011.
"The impact on broadband access to the Internet of the dual ownership of telephone and cable networks,"
International Journal of Industrial Organization, Elsevier, vol. 29(2), pages 283-293, March.
- Pedro Pereira & Tiago Ribeiro, 2006. "The Impact on Broadband Access to the Internet of the Dual Ownership of Telephone and Cable Networks," Working Papers 06-10, NET Institute, revised Aug 2006.
- Pedro Pereira & Tiago Ribeiro, 2006. "The Impact on Broadband Access to the Internet of the Dual Ownership of Telephone and Cable Networks," Working Papers 17, Portuguese Competition Authority.
- A. Yeşim Orhun & Sriram Venkataraman & Pradeep K. Chintagunta, 2016. "Impact of Competition on Product Decisions: Movie Choices of Exhibitors," Marketing Science, INFORMS, vol. 35(1), pages 73-92, January.
- Felix Montag, 2023. "Mergers, Foreign Competition, and Jobs: Evidence from the U.S. Appliance Industry," Rationality and Competition Discussion Paper Series 378, CRC TRR 190 Rationality and Competition.
- Steven Berry & Alon Eizenberg & Joel Waldfogel, 2016.
"Optimal product variety in radio markets,"
RAND Journal of Economics, RAND Corporation, vol. 47(3), pages 463-497, August.
- Steven Berry & Alon Eizenberg & Joel Waldfogel, 2015. "Optimal Product Variety in Radio Markets," NBER Working Papers 21621, National Bureau of Economic Research, Inc.
- Steven Berry & Alon Eizenberg & Joel Waldfogel, 2015. "Optimal Product Variety in Radio Markets," Cowles Foundation Discussion Papers 2023, Cowles Foundation for Research in Economics, Yale University.
- Steven T. Berry & Philip A. Haile, 2021.
"Foundations of Demand Estimation,"
Cowles Foundation Discussion Papers
2301, Cowles Foundation for Research in Economics, Yale University.
- Steven T. Berry & Philip A. Haile, 2021. "Foundations of Demand Estimation," NBER Working Papers 29305, National Bureau of Economic Research, Inc.
- Rachel Griffith & Lars Nesheim & Martin O'Connell, 2018.
"Income effects and the welfare consequences of tax in differentiated product oligopoly,"
Quantitative Economics, Econometric Society, vol. 9(1), pages 305-341, March.
- Rachel Griffith & Lars Nesheim & Martin O'Connell, 2015. "Income effects and the welfare consequences of tax in differentiated product oligopoly," CeMMAP working papers 23/15, Institute for Fiscal Studies.
- Griffith, Rachel & Nesheim, Lars & O'Connell, Martin, 2015. "Income effects and the welfare consequences of tax in differentiated product oligopoly," CEPR Discussion Papers 10670, C.E.P.R. Discussion Papers.
- Rachel Griffith & Lars Nesheim & Martin O'Connell, 2015. "Income effects and the welfare consequences of tax in differentiated product oligopoly," CeMMAP working papers CWP23/15, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
More about this item
Keywords
pharmaceuticals; regulation; market power; consumer welfare; pharma mergers; product variety;All these keywords.
JEL classification:
- L65 - Industrial Organization - - Industry Studies: Manufacturing - - - Chemicals; Rubber; Drugs; Biotechnology; Plastics
- I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
- D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
- I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
NEP fields
This paper has been announced in the following NEP Reports:- NEP-IND-2023-07-31 (Industrial Organization)
- NEP-REG-2023-07-31 (Regulation)
Statistics
Access and download statisticsCorrections
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:wiw:wiwwuw:wuwp343. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Department of Economics (email available below). General contact details of provider: http://www.wu.ac.at/economics/en .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.