Income Elasticity Decomposition Models and Determinants of U.S. Pharmaceutical Expenditures

Gregory G. Lubiani
Gregory G. Lubiani

Atlantic Economic Journal, pp. 389-403, 2018.

Cited by: 0|Views0

Abstract:

Prescription drugs are the third largest component of U.S. healthcare spending, and quickly growing. This novel study provides greater information on consumer behavior in the market for prescription drugs, and how that behavior may vary due to fluctuating economic conditions, using an annual panel dataset. Specifically, the research prese...More

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