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Deregulating the Norwegian Pharmaceuticals Market - Consequences for Costs and Availability

Niklas Rudholm ()
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Niklas Rudholm: The Swedish Retail Institute, Postal: Regeringsgatan 60, SE-103 29 Stockholm, Sweden

No 7, HUI Working Papers from HUI Research

Abstract: The aim of this paper is to analyze the impact of the deregulation of the Norwegian pharmaceuticals market in 2001 on costs and availability of pharmaceutical products. Data has been collected from the annual reports of a sample of Norwegian pharmacies before and after the deregulation of the market. In addition, data regarding the number of pharmacies in each region in Norway has also been collected. In order to study costs, a translog function is estimated. Regressin models for the number of pharmacies in each region in Norway are also estimated. The results show that the costs of the individual pharmacies have not decreased as a consequence of the deregulation of the Norwegian pharmaceuticals market. The deregulation of the market did, however, increase the availability to pharmacy services substantially. The number of pharmacies increased from 392 in year 2000 to 524 in June 2004.

Keywords: Deregulation; pharmaceuticals; translog cost function (search for similar items in EconPapers)
JEL-codes: I11 I18 L11 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2007-04-04
New Economics Papers: this item is included in nep-hea and nep-ind
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published as Rudholm, Niklas, 'Deregulating the Norwegian Pharmaceuticals Market - Consequences for Costs and Availability' in Health Policy, 2008, pages 258-263.

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Persistent link: https://EconPapers.repec.org/RePEc:hhs:huiwps:0007

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