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Pharmaceutical followers

Publication ,  Journal Article
Arcidiacono, P; Ellickson, PB; Landry, P; Ridley, DB
Published in: International Journal of Industrial Organization
November 15, 2013

We estimate a model of drug demand and supply that incorporates insurance, advertising, and competition between branded and generic drugs within and across therapeutic classes. We use data on antiulcer drugs from 1991 to 2010. Our simulations show that generics and "me-too" drugs each increased consumer welfare more than $100 million in 2010, holding insurance premiums constant. However, insurance payments in 2010 fell by nearly $1 billion due to generics and rose by over $7 billion due to me-too antiulcer drugs. © 2013 Elsevier B.V.

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Published In

International Journal of Industrial Organization

DOI

ISSN

0167-7187

Publication Date

November 15, 2013

Volume

31

Issue

5

Start / End Page

538 / 553

Related Subject Headings

  • Economics
  • 3803 Economic theory
  • 3801 Applied economics
  • 3507 Strategy, management and organisational behaviour
  • 1403 Econometrics
  • 1402 Applied Economics
  • 1401 Economic Theory
 

Citation

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Arcidiacono, P., Ellickson, P. B., Landry, P., & Ridley, D. B. (2013). Pharmaceutical followers. International Journal of Industrial Organization, 31(5), 538–553. https://doi.org/10.1016/j.ijindorg.2013.10.005
Arcidiacono, P., P. B. Ellickson, P. Landry, and D. B. Ridley. “Pharmaceutical followers.” International Journal of Industrial Organization 31, no. 5 (November 15, 2013): 538–53. https://doi.org/10.1016/j.ijindorg.2013.10.005.
Arcidiacono P, Ellickson PB, Landry P, Ridley DB. Pharmaceutical followers. International Journal of Industrial Organization. 2013 Nov 15;31(5):538–53.
Arcidiacono, P., et al. “Pharmaceutical followers.” International Journal of Industrial Organization, vol. 31, no. 5, Nov. 2013, pp. 538–53. Scopus, doi:10.1016/j.ijindorg.2013.10.005.
Arcidiacono P, Ellickson PB, Landry P, Ridley DB. Pharmaceutical followers. International Journal of Industrial Organization. 2013 Nov 15;31(5):538–553.
Journal cover image

Published In

International Journal of Industrial Organization

DOI

ISSN

0167-7187

Publication Date

November 15, 2013

Volume

31

Issue

5

Start / End Page

538 / 553

Related Subject Headings

  • Economics
  • 3803 Economic theory
  • 3801 Applied economics
  • 3507 Strategy, management and organisational behaviour
  • 1403 Econometrics
  • 1402 Applied Economics
  • 1401 Economic Theory