English, Article, Journal or magazine article edition: Pharmaceutical Generics, Vertical Product Differentiation, and Public Policy Antonio Cabrales

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Bookmark: http://trove.nla.gov.au/version/111825
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Pharmaceutical Generics, Vertical Product Differentiation, and Public Policy
Author
  • Antonio Cabrales
Physical Description
  • preprint
Notes
  • RePEc:upf:upfses:662
  • This paper studies oligopolistic competition in off-patent pharmaceutical markets using a vertical product differentiation model. This model can explain the observation that countries with stronger regulations have smaller generic market shares. It can also explain the differences in observed regulatory regimes. Stronger regulation may be due to a higher proportion of production that is done by foreign firms. Finally, a closely related model can account for the observed increase in prices by patent owners after entry of generic producers.
  • Pharmaceutical industry, generics, vertical product differentiation
  • RePEc:upf:upfgen:662
Language
  • English
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