Arbeitspapier

Substitution Policy and Generic Competition

I model the market for an active ingredient (with a brand-name drug and n differentiated generic versions) to study the effect of a substitution rule on prices and the extensive and intensive margin of generic competition. Both substitution rules with physician and patient veto decrease the brand-name price and shift market shares from the brand-name drug to the generics. A substitution rule with physician (patient) veto increases (decreases) generic prices and increases (decreases) the number of generic firms.

Sprache
Englisch

Erschienen in
Series: cege Discussion Papers ; No. 241

Klassifikation
Wirtschaft
Health: Government Policy; Regulation; Public Health
Analysis of Health Care Markets
Regulation and Industrial Policy: General
Thema
substitution rule
generic competition

Ereignis
Geistige Schöpfung
(wer)
Birg, Laura
Ereignis
Veröffentlichung
(wer)
University of Göttingen, Center for European, Governance and Economic Development Research (cege)
(wo)
Göttingen
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Birg, Laura
  • University of Göttingen, Center for European, Governance and Economic Development Research (cege)

Entstanden

  • 2019

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