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来源类型Working Paper
规范类型报告
DOI10.3386/w14634
来源IDWorking Paper 14634
The Effects of Pharmaceutical Marketing and Promotion on Adverse Drug Events and Regulation
Guy David; Sara Markowitz; Seth Richards
发表日期2009-01-08
出版年2009
语种英语
摘要This paper analyzes the relationship between postmarketing promotional activity and reporting of adverse drug events by modeling the interaction between a welfare maximizing regulator (the FDA) and a profit maximizing firm. In our analysis demand is sensitive to both promotion and regulatory interventions. Promotion-driven market expansions enhance profitability yet may involve the risk that the drug would be prescribed inappropriately, leading to adverse regulatory actions against the firm. The model exposes the effects of the current regulatory system on consumer and producer welfare. Particularly, the emphasis on safety over benefits distorts the market allocation of drugs away from some of the most appropriate users. We then empirically test the relationship between drug promotion and reporting of adverse reactions using an innovative combination of commercial data on pharmaceutical promotion and FDA data on regulatory interventions and adverse drug reactions. We provide some evidence that increased levels of promotion and advertising lead to increased reporting of adverse medical events for certain conditions.
主题Health, Education, and Welfare ; Health ; Other ; Law and Economics
URLhttps://www.nber.org/papers/w14634
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/572308
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GB/T 7714
Guy David,Sara Markowitz,Seth Richards. The Effects of Pharmaceutical Marketing and Promotion on Adverse Drug Events and Regulation. 2009.
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