Authorized Generic Drugs, Price Competition, And Consumers’ Welfare
Author:
Affiliation:
1. Sloan School of Management, Massachusetts Institute of Technology (MIT) and National Bureau of Economic Research (NBER), both in Cambridge, Massachusetts
Publisher
Health Affairs (Project Hope)
Subject
Health Policy
Reference7 articles.
1. M. Freudenheim , “All about Generic Pharmaceuticals; Now the Big Drug Makers Are Imitating Their Imitators,”New York Times, 20 September 1992 .
2. Generic Drug Industry Dynamics
3. See, for example, R. Caves , M. Whinston, and M. Hurwitz, “Patent Expiration, Entry, and Competition in the U.S. Pharmaceutical Industry,”Brookings Papers on Economic Activity: Microeconomics( 1991 ): 1 –67
4. ; and F.M. Scott-Morton , “Barriers to Entry, Brand Advertising, and Generic Entry in the U.S. Pharmaceutical Industry,”International Journal of Industrial Organization18, no. 7 ( 2000 ): 1086 –1104.
5. Bresnahan and Reiss found that in a number of markets, it only takes three or four entrants to approximate competitive conditions. T. Bresnahan and P. Reiss, “Entry and Competition in Concentrated Markets,”Journal of Political Economy95, no. 5 ( 1991 ): 977 –1009.
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