A comparative analysis of medicine prices in Latin America
This paper compares medicine prices in the six largest economies in Latin America. Using a panel-based econometric model with country fixed effects and controlling for variables related to the medicines’ characteristics, the comparison covers 19,741 units sold during the 2010–2015 period and has bee...
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oai-11362-459742020-09-02T19:10:20Z A comparative analysis of medicine prices in Latin America Alvarez E., Roberto González, Aldo INDUSTRIA FARMACEUTICA PRODUCTOS FARMACEUTICOS PRECIOS ANALISIS COMPARATIVO MODELOS ECONOMETRICOS DATOS ESTADISTICOS PHARMACEUTICAL INDUSTRY PHARMACEUTICALS PRICES COMPARATIVE ANALYSIS ECONOMETRIC MODELS STATISTICAL DATA This paper compares medicine prices in the six largest economies in Latin America. Using a panel-based econometric model with country fixed effects and controlling for variables related to the medicines’ characteristics, the comparison covers 19,741 units sold during the 2010–2015 period and has been carried out at the wholesale and retail levels and by type of medication (innovative, branded generic and generic). At the aggregate level and at the retail pharmacy level, the classification from least to most expensive is: Peru, Mexico, Argentina, Chile, Colombia and Brazil. In innovative medicines, Argentina and Peru have the lowest prices. In branded generic medicines, Mexico and Argentina have the lowest prices, while for pure generics, Peru and Chile appear to be the least expensive. The classification does not change substantially if ex-factory prices are compared. 2020-09-01T21:04:54Z 2020-09-01T21:04:54Z 2020-04-20 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/45974 LC/PUB.2020/4-P 2 en CEPAL Review CEPAL Review 130 .pdf application/pdf 2010 AMERICA LATINA LATIN AMERICA 2015 |
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INDUSTRIA FARMACEUTICA PRODUCTOS FARMACEUTICOS PRECIOS ANALISIS COMPARATIVO MODELOS ECONOMETRICOS DATOS ESTADISTICOS PHARMACEUTICAL INDUSTRY PHARMACEUTICALS PRICES COMPARATIVE ANALYSIS ECONOMETRIC MODELS STATISTICAL DATA |
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INDUSTRIA FARMACEUTICA PRODUCTOS FARMACEUTICOS PRECIOS ANALISIS COMPARATIVO MODELOS ECONOMETRICOS DATOS ESTADISTICOS PHARMACEUTICAL INDUSTRY PHARMACEUTICALS PRICES COMPARATIVE ANALYSIS ECONOMETRIC MODELS STATISTICAL DATA Alvarez E., Roberto González, Aldo A comparative analysis of medicine prices in Latin America |
description |
This paper compares medicine prices in the six largest economies in Latin America. Using a panel-based econometric model with country fixed effects and controlling for variables related to the medicines’ characteristics, the comparison covers 19,741 units sold during the 2010–2015 period and has been carried out at the wholesale and retail levels and by type of medication (innovative, branded generic and generic). At the aggregate level and at the retail pharmacy level, the classification from least to most expensive is: Peru, Mexico, Argentina, Chile, Colombia and Brazil. In innovative medicines, Argentina and Peru have the lowest prices. In branded generic medicines, Mexico and Argentina have the lowest prices, while for pure generics, Peru and Chile appear to be the least expensive. The classification does not change substantially if ex-factory prices are compared. |
format |
Texto |
author |
Alvarez E., Roberto González, Aldo |
author_facet |
Alvarez E., Roberto González, Aldo |
author_sort |
Alvarez E., Roberto |
title |
A comparative analysis of medicine prices in Latin America |
title_short |
A comparative analysis of medicine prices in Latin America |
title_full |
A comparative analysis of medicine prices in Latin America |
title_fullStr |
A comparative analysis of medicine prices in Latin America |
title_full_unstemmed |
A comparative analysis of medicine prices in Latin America |
title_sort |
comparative analysis of medicine prices in latin america |
publishDate |
2020 |
url |
http://hdl.handle.net/11362/45974 |
work_keys_str_mv |
AT alvarezeroberto acomparativeanalysisofmedicinepricesinlatinamerica AT gonzalezaldo acomparativeanalysisofmedicinepricesinlatinamerica AT alvarezeroberto comparativeanalysisofmedicinepricesinlatinamerica AT gonzalezaldo comparativeanalysisofmedicinepricesinlatinamerica |
_version_ |
1718438231319511040 |