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Author:Olson, M.
Title:Regulatory reform and bureaucratic responsiveness to firms: the impact of user fees in the FDA
Journal:Journal of Economics and Management Strategy
2000 : FALL, VOL. 9:3, p. 363-396
Index terms:MANAGEMENT
ECONOMICS
USER CHARGES
Language:eng
Abstract:This paper examines the impact of user fees on the speed of new-drug review and on the responsiveness of FDA reviewers to pharamceutical firms. User fees are expected to alter FDA behavior and responsiveness to pharamceutical firms because they give regulators a financial incentive to process more new-drug applications and because they convey information to regulators that may reduce type I error. The analysis examines the variation in FDA review times for new drugs approved between 1990 and 1995 as a function of differences that exist among firms and drugs.
SCIMA record nr: 218515
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