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Private and Public Investments in Biomedical Research

Maya M. Durvasula, Lisa Ouellette and Heidi Williams ()

No 28349, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Recent policy attention has focused on proposals to reduce prices for drugs that have received public funding. From an implementation perspective, such policies rely on public disclosure of government support for research. In this paper, we highlight two conceptual problems with past attempts to measure these public disclosures, and construct a new data set which corrects for these problems. Our corrected measures suggest that under-reporting of public research support is less of an issue than previously thought.

JEL-codes: I1 O3 (search for similar items in EconPapers)
Date: 2021-01
New Economics Papers: this item is included in nep-hea
Note: AG EH PR
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Published as Maya Durvasula & Lisa Larrimore Ouellette & Heidi Williams, 2021. "Private and Public Investments in Biomedical Research," AEA Papers and Proceedings, American Economic Association, vol. 111, pages 341-345, May.

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