Competition and substitutability in the Swedish pharmaceuticals market
Abstract:Substitution possibilities between brand name pharmaceuticals are analysed. The analysis is based on data from three different markets; the prescription drug market for beta-blocking agents, the 'over the counter' market for purgatives and the hospital market for two pharmaceutical treatments for gastric ulcers. The results indicate that there exist some substitution possibilities among the brand name drugs included in the study.
Document Type: Research Article
Affiliations: Department of Economics, Umeå University, SE-901 87 Umeå, Sweden
Publication date: September 20, 2003