Determinants of Generic Substitution in the Czech Republic
Jana Votapkova () and
Pavlina Zilova ()
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Jana Votapkova: Institute of Economic Studies, Faculty of Social Sciences, Charles University in Prague, Smetanovo nabrezi 6, 111 01 Prague 1, Czech Republic
Pavlina Zilova: Institute of Economic Studies, Faculty of Social Sciences, Charles University in Prague, Smetanovo nabrezi 6, 111 01 Prague 1, Czech Republic
No 2016/05, Working Papers IES from Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies
Abstract:
Using individual level-data, the paper uncovers patient and drug characteristics that determine the probability of using the original patented products despite the presence of generic substitutes in the Czech Republic in the period 2009-2013. Our results reveal different behavioral patterns for drugs against acute and chronic diseases. The results have direct implications for the design of pharmaceutical policies aiming at an increased consumption of generic substitutes.
Keywords: Generic substitution; Drug consumption; Pharmaceutical expenditures (search for similar items in EconPapers)
JEL-codes: D19 H51 I18 (search for similar items in EconPapers)
Pages: 22pages
Date: 2016-02, Revised 2016-02
New Economics Papers: this item is included in nep-mon
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