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.
Duke Scholars
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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
- 1403 Econometrics
- 1402 Applied Economics
- 1401 Economic Theory
Citation
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Chicago
ICMJE
MLA
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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.
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
- 1403 Econometrics
- 1402 Applied Economics
- 1401 Economic Theory