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来源类型Working Paper
规范类型报告
DOI10.3386/w14224
来源IDWorking Paper 14224
Why the DEA STRIDE Data are Still Useful for Understanding Drug Markets
Jeremy Arkes; Rosalie Liccardo Pacula; Susan M. Paddock; Jonathan P. Caulkins; Peter Reuter
发表日期2008-08-14
出版年2008
语种英语
摘要In 2001, use of the STRIDE data base for the purposes of analyzing drug prices and the impact of public policies on drug markets came under serious attack by the National Research Council (Manski et al., 2001; Horowitz, 2001). While some of the criticisms raised by the committee were valid, many of the concerns can be easily addressed through more careful use of the data. In this paper, we first disprove Horowitz's main argument that prices are different for observations collected by different agencies within a city. We then revisit other issues raised by the NRC and discuss how certain limitations can be easily overcome through the adoption of random coefficient models of drug prices and by paying serious attention to drug form and distribution levels. Although the sample remains a convenience sample, we demonstrate how construction of city-specific price and purity series that pay careful attention to the data and incorporate existing knowledge of drug markets (e.g. the expected purity hypothesis) are internally consistent and can be externally validated. The findings from this study have important implications regarding the utility of these data and the appropriateness of using them in economic analyses of supply, demand and harms.
主题Public Economics ; Taxation ; Health, Education, and Welfare ; Health ; Other ; Law and Economics
URLhttps://www.nber.org/papers/w14224
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/571898
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Jeremy Arkes,Rosalie Liccardo Pacula,Susan M. Paddock,et al. Why the DEA STRIDE Data are Still Useful for Understanding Drug Markets. 2008.
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