Economic Consequences of National Organized Drug Centralized Volume Procurement Policy—A Review of Empirical Literature

Jingyi Cheng ()
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Jingyi Cheng: Southwestern University of Finance and Economics, School of Finance

A chapter in Proceedings of the 2026 3rd International Conference on Applied Economics, Management Science and Social Development (AEMSS 2026), 2026, pp 263-277 from Springer

Abstract: Abstract The implementation of China’s National Organized Drug Centralized Volume Procurement (NCDP) policy represents a historic shift in drug pricing in the world’s largest pharmaceutical market. This paper reviews research on the policy’s mechanisms and economic impacts on pharmaceutical firms and the industry, identifies limitations in existing studies—such as overreliance on listed companies, limited long-term analysis, and insufficient heterogeneity assessment—and proposes future research directions, including longitudinal tracking, refined impact analysis, and comprehensive evaluation of the industrial chain ecosystem. The findings aim to inform scholars and support policy improvement.

Keywords: National Organized Drug Centralized Volume Procurement; Economic Consequences; Pharmaceutical Enterprise; Literature Review; Pharmaceutical Industry (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6239-672-2_25

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DOI: 10.2991/978-94-6239-672-2_25

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