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The economics of the public option: Evidence from local pharmaceutical markets (Record no. 525955)

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fixed length control field 01121nam a22001457a 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 240426b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Atal, Juan Pablo et al
245 ## - TITLE STATEMENT
Title The economics of the public option: Evidence from local pharmaceutical markets
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc The American Economic Review
300 ## - PHYSICAL DESCRIPTION
Extent 114(3), Mar, 2024: p.615-644
520 ## - SUMMARY, ETC.
Summary, etc 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.- Reproduced

https://www.aeaweb.org/articles?id=10.1257/aer.20211547
773 ## - HOST ITEM ENTRY
Main entry heading The American Economic Review
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP ECONOMICS
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2024-04-26 114(3), Mar, 2024: p.615-644 AR131748 2024-04-26 Articles

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