search query: @indexterm DISCOUNT RATE / total: 136
reference: 1 / 136
« previous | next »
| Author: | Ellison, S.F. Snyder, C.M. |
| Title: | Countervailing power in wholesale pharmaceuticals |
| Journal: | Journal of Industrial Economics
2010 : MAR, VOL. 58:1, p. 32-53 |
| Index terms: | USA pharmaceutical industry wholesaling prices discount rate |
| Freeterms: | discounts pharmacies hospitals drugs |
| Language: | eng |
| Abstract: | Based on data of wholesale prices for antibiotics sold to U.S. drugstores, this study tests the growing theoretical literature on 'countervailing power'. Large pharmacies get a modest discount for antibiotics produced by competing suppliers but no discount for antibiotics produced by monopolists. As further evidence for the importance of supplier competition, it is found that hospitals receive substantial discounts relative to drugstores, due to hospitals' greater ability to induce supplier competition via restrictive formularies. |
« previous | next »
SCIMA