The Pharmaceutical Price Regulation Scheme
β Scribed by Alan Earl-Slater
- Book ID
- 108560259
- Publisher
- John Wiley and Sons
- Year
- 1997
- Tongue
- English
- Weight
- 215 KB
- Volume
- 13
- Category
- Article
- ISSN
- 0267-4424
No coin nor oath required. For personal study only.
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## Abstract This paper examines the link between price regulation and pharmaceutical research and development (R&D) investment. I identify two mechanisms through which price regulation may exert an influence on R&D: an expectedβprofit effect and a cashβflow effect. Using established models of the d
## Abstract Previous empirical studies that have examined the links between pharmaceutical price controls, profits, cash flows, and investment in research and development (R&D) have been largely based on retrospective statistical analyses of firmβ and/or industryβlevel data. These studies, which ha