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| DOI | 10.1504/IJBE.2023.10051428 | ||||
| Año | 2023 | ||||
| Tipo | artículo de investigación |
Citas Totales
Autores Afiliación Chile
Instituciones Chile
% Participación
Internacional
Autores
Afiliación Extranjera
Instituciones
Extranjeras
In this paper, a data panel technique to estimate a model of relative prices between large pharmacy-owned drugs and leading drugs was used. Under the assumption that dominant firm market share increases by 10%, and the other 2 (smaller ones) loss 5%, the relative prices diminish by -0.043%. The market size impacts positively (18.5%) the relative prices, implying that a larger market size the entry of more brands is encouraged, and then more competition and lower prices will be observed. This impacts the owned-brand price, which means that the leading drug price has a high degree of rigidity. For the drug specific effect - measures the drug that is targeted, the original or the leading generic - to commercialise its own brand, if the pharmacy targets the leading generic the variation of relative price between the own-brand drug and leading generic is 0.5267; which means that the owned-brand drug margin increases.
| Ord. | Autor | Género | Institución - País |
|---|---|---|---|
| 1 | Gonzalo Escobar, E. | - |
Universidad Nacional Andrés Bello - Chile
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| 1 | Escobar, Gonzalo E. | Hombre |
Universidad Nacional Andrés Bello - Chile
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| 2 | Iván Valdés, D. | - |
Universidad de Tarapacá - Chile
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| 2 | Valdes, Ivan D. | Hombre |
Universidad de Tarapacá - Chile
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