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来源类型Working Paper
规范类型报告
DOI10.3386/w29206
来源IDWorking Paper 29206
Markups and Fixed Costs in Generic and Off-Patent Pharmaceutical Markets
Sharat Ganapati; Rebecca McKibbin
发表日期2021-09-06
出版年2021
语种英语
摘要There is wide dispersion in pharmaceutical prices across countries with comparable quality standards. Under monopoly, off-patent and generic drug prices are at least four times higher in the United States than in comparable English-speaking high income countries. With five or more competitors, off-patent drug prices are similar or lower. Our analysis shows that differential US markups are largely driven by the market power of drug suppliers and not due to wholesale intermediaries or pharmacies. Furthermore, we show that the traditional mechanism of reducing market power – free entry – is limited because implied entry costs are substantially higher in the US.
主题International Economics ; Trade ; Health, Education, and Welfare ; Health ; Industrial Organization ; Antitrust ; Industry Studies
URLhttps://www.nber.org/papers/w29206
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/586879
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GB/T 7714
Sharat Ganapati,Rebecca McKibbin. Markups and Fixed Costs in Generic and Off-Patent Pharmaceutical Markets. 2021.
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