Economics and Statistics

Research from A. Dutta and Co-Authors Provides New Data about Economics and Statistics

Published in Drug Law Weekly, April 5th, 2011

2011 APR 5 -- According to a study from Washington, United States, "There has been fierce debate over the imposition of stronger intellectual property rights laws for pharmaceutical products in developing countries."

"This paper uses data from the Indian pharmaceutical industry to develop a structural model of demand, supply and entry. The estimation yields demand and supply parameters that indicate significant heterogeneity among firms both within and across different therapeutic segments," wrote A. Dutta and colleagues.

The researchers concluded: "The estimated parameters are used to simulate patent enforcement and price deregulation...

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Source: Drug Law Weekly (2011-04-05)

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