Distribution of health-related social surplus in pharmaceuticals: an estimation of consumer and producer surplus in the management of high blood lipids and COPD
Rodrigo Camejo (),
Clare McGrath,
Marisa Miraldo and
Frans Rutten
The European Journal of Health Economics, 2014, vol. 15, issue 4, 439-445
Abstract:
A considerable amount of the value may be recouped by consumers only towards the end of the lifecycle. Elements affecting the distribution of social surplus vary across disease areas and include the market pricing structure and the pattern of clinical effectiveness observed over time. The application of a longer-term disease specific perspective may be required when assessing the cost-effectiveness of health technologies at launch. Copyright Springer-Verlag Berlin Heidelberg 2014
Keywords: Consumer surplus; Producer surplus; Dynamic efficiency; Research and development; Pharmaceutical innovation; Pharmaceutical policy; H51; I11; I18 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:eujhec:v:15:y:2014:i:4:p:439-445
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DOI: 10.1007/s10198-013-0484-1
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