Pooled procurement of drugs in low and middle income countries

B-Tier
Journal: European Economic Review
Year: 2021
Volume: 132
Issue: C

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We use data from seven low and middle income countries with diverse drug procurement systems to assess the effect of centralized procurement on drug prices, and provide a theoretical mechanism that explains this effect. Our empirical analysis is based on exhaustive data on drug sales quantities and expenditures over three years for forty important molecules. We find that centralized procurement of drugs by the public sector leads to lower prices but that the induced price reduction is smaller when the supply side is more concentrated.

Technical Details

RePEc Handle
repec:eee:eecrev:v:132:y:2021:i:c:s0014292121000088
Journal Field
General
Author Count
3
Added to Database
2026-01-25