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来源类型Working Paper
规范类型报告
DOI10.3386/w13857
来源IDWorking Paper 13857
The Impact of Medicare Part D on Pharmaceutical R&D
Margaret E. Blume-Kohout; Neeraj Sood
发表日期2008-03-12
出版年2008
语种英语
摘要Recent evidence suggests that Medicare Part D has increased prescription drug use among the elderly, and earlier studies have indicated that increasing market size induces pharmaceutical innovation. This paper assesses the impact of Medicare Part D on pharmaceutical research and development (R&D), using time-series data on (a) the number of drugs in clinical development by therapeutic class, and (b) R&D expenditures by firm. We demonstrate that the passage of Medicare Part D was associated with significantly higher pharmaceutical R&D for drug classes with higher Medicare market share, and for firms specializing in higher-Medicare-share drugs.
主题Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Health ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w13857
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/571531
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Margaret E. Blume-Kohout,Neeraj Sood. The Impact of Medicare Part D on Pharmaceutical R&D. 2008.
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