Replication data for: Physician Agency and Adoption of Generic Pharmaceuticals
Principal Investigator(s): View help for Principal Investigator(s) Toshiaki Iizuka
Version: View help for Version V1
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AER-2009-0599-Data_and_Programs | 10/11/2019 05:59:PM | ||
LICENSE.txt | text/plain | 14.6 KB | 10/11/2019 01:59:PM |
Project Citation:
Iizuka, Toshiaki. Replication data for: Physician Agency and Adoption of Generic Pharmaceuticals. Nashville, TN: American Economic Association [publisher], 2012. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-11. https://doi.org/10.3886/E112560V1
Project Description
Summary:
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I examine physician agency in health care services in the context of the choice between brand-name and generic pharmaceuticals. I examine micro-panel data from Japan, where physicians can legally make profits by prescribing and dispensing drugs. The results indicate
that physicians often fail to internalize patient costs, explaining
why cheaper generics are infrequently adopted. Doctors respond to markup differentials between the two versions, indicating another agency problem. However, generics' markup advantages are shortlived, which limits their impact on increasing generic adoption.
Additionally, state dependence and heterogeneous doctor preferences
affected generics' adoption. Policy makers can target these factors to improve static efficiency. (JEL D82, I11, J44, L65)
Scope of Project
JEL Classification:
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D82 Asymmetric and Private Information; Mechanism Design
I11 Analysis of Health Care Markets
J44 Professional Labor Markets; Occupational Licensing
L65 Chemicals; Rubber; Drugs; Biotechnology; Plastics
D82 Asymmetric and Private Information; Mechanism Design
I11 Analysis of Health Care Markets
J44 Professional Labor Markets; Occupational Licensing
L65 Chemicals; Rubber; Drugs; Biotechnology; Plastics
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