EconStor >
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim >
ZEW Discussion Papers >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/41440
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorKaiser, Ulrichen_US
dc.contributor.authorMendez, Susan J.en_US
dc.contributor.authorRønde, Thomasen_US
dc.date.accessioned2010-11-04T10:49:12Z-
dc.date.available2010-11-04T10:49:12Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/41440-
dc.description.abstractOn April 1, 2005, Denmark changed the way references prices, a main determinant of reimbursements for pharmaceutical purchases, are calculated. The previous reference prices, which were based on average EU prices, were substituted to minimum domestic prices. Novel to the literature, we estimate the joint effects of this reform on prices and quantities. Prices decreased more than 26 percent due to the reform, which reduced patient and government expenditures by 3.0 percent and 5.6 percent, respectively, and producer revenues by 5.0 percent. The prices of expensive products decreased more than their cheaper counterparts, resulting in large differences in patient benefits from the reform.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 10-062en_US
dc.subject.jelI18en_US
dc.subject.jelC23en_US
dc.subject.ddc330en_US
dc.subject.keywordpharmaceutical marketsen_US
dc.subject.keywordregulationen_US
dc.subject.keywordco-paymentsen_US
dc.subject.keywordreference pricingen_US
dc.subject.keywordasymmetric welfare effectsen_US
dc.subject.stwPharmazeutische Industrieen_US
dc.subject.stwRegulierungen_US
dc.subject.stwPharmazeutisches Produkten_US
dc.subject.stwPreisen_US
dc.subject.stwWohlfahrtseffekten_US
dc.subject.stwDänemarken_US
dc.titleRegulation of pharmaceutical prices: Evidence from a reference price reform in Denmarken_US
dc.typeWorking Paperen_US
dc.identifier.ppn635644959en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:zewdip:10062-
Appears in Collections:Publikationen von Forscherinnen und Forschern des ZEW
ZEW Discussion Papers

Files in This Item:
File Description SizeFormat
635644959.pdf446.79 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.