Pooled procurement of drugs in low and middle income countries

Pierre Dubois, Yassine Lefouili and Stephane Straub

European Economic Review, 2021, vol. 132, issue C

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.

Keywords: Drugs; Procurement; Low and middle income countries (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0014292121000088
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Pooled Procurement of Drugs in Low and Middle Income Countries (2020)
Working Paper: Pooled Procurement of Drugs in Low and Middle Income Countries (2019)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:eecrev:v:132:y:2021:i:c:s0014292121000088

DOI: 10.1016/j.euroecorev.2021.103655

Access Statistics for this article

European Economic Review is currently edited by T.S. Eicher, A. Imrohoroglu, E. Leeper, J. Oechssler and M. Pesendorfer

More articles in European Economic Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().