G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w24206
来源IDWorking Paper 24206
Preventives Versus Treatments Redux: Tighter Bounds on Distortions in Innovation Incentives with an Application to the Global Demand for HIV Pharmaceuticals
Michael Kremer; Christopher M. Snyder
发表日期2018-01-15
出版年2018
语种英语
摘要Kremer and Snyder (2015) show that demand curves for a preventive and treatment may have different shapes though they target the same disease, biasing the pharmaceutical manufacturer toward developing the lucrative rather than the socially desirable product. This paper tightens the theoretical bounds on the potential deadweight loss from such biases. Using a calibration of the global demand for HIV pharmaceuticals, we demonstrate the dramatically sharper analysis achievable with the new bounds, allowing us to pinpoint potential deadweight loss at 62% of the global gain from curing HIV. We use the calibration to perform policy counterfactuals, assessing welfare effects of government policies such as a subsidy, reference pricing, and price-discrimination ban. The fit of our calibration is good: we find that a hypothetical drug monopolist would price an HIV drug so high that only 4% of the infected population worldwide would purchase, matching actual drug prices and quantities in the early 2000s before subsidies in low-income countries ramped up.
主题International Economics ; International Factor Mobility ; Health, Education, and Welfare ; Health ; Industrial Organization ; Industry Studies ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w24206
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581880
推荐引用方式
GB/T 7714
Michael Kremer,Christopher M. Snyder. Preventives Versus Treatments Redux: Tighter Bounds on Distortions in Innovation Incentives with an Application to the Global Demand for HIV Pharmaceuticals. 2018.
条目包含的文件
文件名称/大小 资源类型 版本类型 开放类型 使用许可
w24206.pdf(636KB)智库出版物 限制开放CC BY-NC-SA浏览
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Michael Kremer]的文章
[Christopher M. Snyder]的文章
百度学术
百度学术中相似的文章
[Michael Kremer]的文章
[Christopher M. Snyder]的文章
必应学术
必应学术中相似的文章
[Michael Kremer]的文章
[Christopher M. Snyder]的文章
相关权益政策
暂无数据
收藏/分享
文件名: w24206.pdf
格式: Adobe PDF
此文件暂不支持浏览

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。