Suchergebnisse
Filter
24 Ergebnisse
Sortierung:
The Effect of Labor Market Regulations on Educational Attainment
In: American Enterprise Institute Working Paper 2010-02
SSRN
Working paper
Corruption and Medicine Quality in Latin America: A Pilot Study
In: The B.E. journal of economic analysis & policy, Band 18, Heft 2
ISSN: 1935-1682
Abstract
Fake and substandard medicines are a significant problem in developing nations, and a growing problem in developed ones too. There have been assessments of basic medicine quality from many countries and regions across the world but almost none in Central and South America. Over the past decade, as part of our research, we have collected over ten thousand samples of medicines from 22 cities in emerging markets, but the only one from the Latin region was Sao Paolo in Brazil. We have now rectified this gap, at least for one critical medicine, the broad spectrum antibiotic ciprofloxacin. Using original, self-collected data from ten countries in Latin America, we test whether the 687 Ciprofloxacin treatments pass the Global Pharma Health Fund e.V. Minilab® protocol to identify substandard or counterfeit medicines. In terms of quality, 93 percent of drugs were good quality. Within the drugs that failed the quality test, the majority were substandard rather than fake. About 26 % of the poor quality drugs were fake, with zero active pharmaceutical ingredient (API), while the rest were substandard, with less than 80 % API. In line with results from our earlier studies, we find that products that were locally registered, as well as those with SRA or WHO pre-qualification, were more likely to pass the test. A new finding in this paper is that corruption is a key predictor of poor quality drugs. Less corrupt countries had higher levels of passing drugs.
A New Measure of Consumption Inequality
In: AEI Economic Studies, No. 2, June 2012
SSRN
Corporate Tax Burden on Labor: Theory and Empirical Evidence
In: Tax Notes, p. 1083, June 2011
SSRN
Spatial Tax Competition and Domestic Wages
SSRN
Working paper
Predicting Tax Reform
In: American Enterprise Institute Working Paper No. 138
SSRN
Working paper
An Empirical Analysis of Middle Class Welfare: Testing Alternative Approaches
In: American Enterprise Institute Working Paper No. 134
SSRN
Working paper
Unnecessary Injury: The Economic Rationale and Costs of New Global Capital Requirements for Large U.S. Property and Casualty Insurers
In: Journal of Financial Perspectives, Band 4
SSRN
How India Can Attract More Foreign Direct Investment, Create Jobs and Increase GDP: The Benefits of Respecting the Intellectual Property Rights of Foreign Pharmaceutical Producers
In: Georgetown McDonough School of Business Research Paper No. 2540591
SSRN
Working paper
Distributional Effects of a Carbon Tax in Broader US Fiscal Reform
In: Brookings Climate and Energy Economic Project, December 2012
SSRN
Taxes around the world: a brief history of world tax policy, 1981-2007
In: AEI working paper, 160
World Affairs Online
The Elasticity of Taxable Income in the Presence of Intertemporal Income Shifting
In: NBER Working Paper No. w24531
SSRN
Working paper
In Whom We Trust: The Role of Certification Agencies in Online Drug Markets
In: The B.E. journal of economic analysis & policy, Band 14, Heft 1, S. 111-150
ISSN: 1935-1682
Abstract
This article uses an audit sample and a consumer survey to study the intriguing market of online prescription drugs facing US customers and assesses the role that certification agencies play in online drug markets.
On the supply side, we acquire samples of five popular brand-name prescription drugs from three types of online pharmacies: tier 1 are US-based and certified by the National Association of Boards of Pharmacy (NABP) or LegitScript.com, tier 2 are certified by PharmacyChecker.com or the Canadian International Pharmacy Association but not by NABP or LegitScript, and tier 3 are not certified by any of the four agencies. Most tier-2 and tier-3 websites are foreign. We find that 37 of the 365 delivered samples are different from the products we ordered and, therefore, non-testable. Conditional on testable samples, Raman spectrometry test finds no failure of authenticity except for eight Viagra samples from tier-3 websites. After controlling for testability and authenticity, tier-2 websites are 49.2% cheaper (p<0.01) and tier-3 websites are 54.8% cheaper (p < 0.01) than tier-1 sites. These differences are driven by non-Viagra drugs. For Viagra, failing samples are cheaper, but there is no significant price difference across tiers once we condition on testability and authenticity.
To study the demand side, we designed a survey that was distributed by RxRights. Among the 2,522 respondents who have purchased prescription medication and are concerned about the price of US pharmaceuticals, results show that 61.54% purchase drugs online and mostly from foreign websites, citing cost saving as the leading reason. Conditional on shopping online, 41.11% check with a credentialing agency.
Both samples convey a consistent message that certification agencies deliver useful information for foreign websites and online consumers. Further, while these findings confirm the Food and Drug Administration warning against rogue websites, they do suggest that a blanket ban against all foreign websites may deny consumers substantial savings from certified tier-2 websites.
Counterfeit or Substandard? Assessing Price and Non-Price Signals of Drug Quality
In: NBER Working Paper No. w18073
SSRN