Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/284301 
Erscheinungsjahr: 
2023
Schriftenreihe/Nr.: 
Working Paper No. 951
Verlag: 
Queen Mary University of London, School of Economics and Finance, London
Zusammenfassung: 
We study the effects of competition by state-owned firms, leveraging the decentralized entry of public pharmacies to local markets in Chile. Public pharmacies sell the same drugs at a third of private pharmacy prices, because of stronger upstream bargaining and market power in the private sector, but are of lower quality. Public pharmacies induced market segmentation and price increases in the private sector, which benefited the switchers to the public option but harmed the stayers. The countrywide entry of public pharmacies would reduce yearly consumer drug expenditure by 1.6 percent.
JEL: 
D72
H4
I16
L3
Dokumentart: 
Working Paper

Datei(en):
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