Utilize este identificador para referenciar este registo: https://hdl.handle.net/1822/11663

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dc.contributor.authorBrekke, Kurt R.-
dc.contributor.authorHolmås, Tor Helge-
dc.contributor.authorStraume, Odd Rune-
dc.date.accessioned2011-02-07T14:11:08Z-
dc.date.available2011-02-07T14:11:08Z-
dc.date.issued2008-
dc.identifier.citationBREKKE, Kurt R. ; HOLMAS, Tor Helge; STRAUME, Odd Rune – “Regulation, generic competition and pharmaceutical prices : theory and evidence from a natural experiment” [Em linha]. Braga : Núcleo de Investigação em Políticas Económicas, 2008. [Consult. 7 Fev. 2011]. Disponível em WWW:<URL:http://www3.eeg.uminho.pt/economia/nipe/docs/2008/NIPE_WP_1_2008.PDF>.por
dc.identifier.urihttps://hdl.handle.net/1822/11663-
dc.description.abstractWe study the impact of regulatory regimes on generic competition and pharmaceutical pricing using a unique policy experiment in Norway, where reference pricing (RP) replaced price cap regulation in 2003 for a sub-sample of off-patent products. We exploit a detailed panel dataset at product level covering a wide set of off-patent drugs before and after the policy reform. Off-patent drugs not subject to reference pricing serve as our control group. We find that RP leads to lower relative prices, with the effect being driven by strong brand-name price reductions, and not increases in generic prices. We also find that RP increases generic competition, resulting in lower brand-name market shares. Finally, we show that RP has a strong negative effect on average prices at molecule level, suggesting significant cost-savings.por
dc.description.sponsorshipFundação para a Ciência e a Tecnologia (FCT) - Programa Operacional Ciência e Inovação 2010 (POCI 2010)por
dc.description.sponsorshipFundo Europeu de Desenvolvimento Regional (FEDER)por
dc.language.isoengpor
dc.publisherUniversidade do Minho. Núcleo de Investigação em Políticas Económicas (NIPE)por
dc.rightsopenAccesspor
dc.subjectPharmaceuticalspor
dc.subjectRegulationpor
dc.subjectGeneric competitionpor
dc.titleRegulation, generic competition and pharmaceutical prices : theory and evidence from a natural experimentpor
dc.typeworkingPaperpor
dc.peerreviewednopor
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