Publication:
Financing Pharmaceutical Innovation : How Much Should Poor Countries Contribute?

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creativeworkseries.issn1564-698X
dc.contributor.authorJack, William
dc.contributor.authorLanjouw, Jean O.
dc.date.accessioned2014-01-03T20:55:55Z
dc.date.available2014-01-03T20:55:55Z
dc.date.issued2005-01
dc.description.abstractA public economics framework is used to consider how pharmaceuticals should be priced when at least some of the research and development incentive comes from sales revenues. Familiar techniques of public finance are used to relax some of the restrictions implied in the standard use of Ramsey pricing. Under the more general model, poor countries should not necessarily cover even their own marginal costs, and the pricing structure is not related to that which will be chosen by a monopolist in a simple way. This framework is then used to examine ongoing debates regarding the international patent system as embodied in the world trade organization's agreement on trade-related aspects of intellectual property rights.en
dc.identifierhttp://documents.worldbank.org/curated/en/2005/01/17747581/financing-pharmaceutical-innovation-much-poor-countries-contribute
dc.identifier.citationWorld Bank Economic Review
dc.identifier.doi10.1596/16481
dc.identifier.otherdoi:10.1093/wber/lhi005
dc.identifier.urihttps://hdl.handle.net/10986/16481
dc.languageEnglish
dc.language.isoen_US
dc.publisherPublished by Oxford University Press on behalf of the World Bank
dc.relation.ispartofseriesWorld Bank Economic Review
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subjectADVERTISING
dc.subjectARBITRAGE
dc.subjectBENCHMARK
dc.subjectCONSUMER DEMAND
dc.subjectCONSUMER SURPLUS
dc.subjectCONSUMERS
dc.subjectCOST INCREASES
dc.subjectCOST OF CAPITAL
dc.subjectCOUNTRY MARKETS
dc.subjectCUSTOMS
dc.subjectDAMAGES
dc.subjectDEMAND ELASTICITY
dc.subjectDEVELOPING ECONOMIES
dc.subjectDEVELOPING ECONOMY
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDIFFERENTIAL PRICING
dc.subjectE-MAIL
dc.subjectE-MAIL ADDRESS
dc.subjectECONOMIC COOPERATION
dc.subjectECONOMIC LAW
dc.subjectECONOMIC RENTS
dc.subjectELASTICITY
dc.subjectELASTICITY OF DEMAND
dc.subjectFAIR
dc.subjectFIXED COSTS
dc.subjectFORMAL ANALYSES
dc.subjectFREE MARKET
dc.subjectINCENTIVE EFFECTS
dc.subjectINCOME
dc.subjectINCOME LEVELS
dc.subjectINCOME TAX
dc.subjectINCOMES
dc.subjectINCREASING RETURNS
dc.subjectINCREASING RETURNS TO SCALE
dc.subjectINNOVATION
dc.subjectINNOVATION POLICY
dc.subjectINNOVATIONS
dc.subjectINSTITUTION
dc.subjectINTELLECTUAL PROPERTY
dc.subjectINTELLECTUAL PROPERTY RIGHTS
dc.subjectINVENTION
dc.subjectLEGAL ISSUES
dc.subjectLICENSE
dc.subjectLICENSES
dc.subjectMACROECONOMICS
dc.subjectMANUFACTURING
dc.subjectMARGINAL COST
dc.subjectMARGINAL COST OF PRODUCTION
dc.subjectMARGINAL COST PRICING
dc.subjectMARGINAL COSTS
dc.subjectMARGINAL REVENUE
dc.subjectMARGINAL UTILITY
dc.subjectMARKETING
dc.subjectMONOPOLY
dc.subjectMONOPOLY PRICE
dc.subjectMONOPOLY PRICES
dc.subjectNEW PRODUCTS
dc.subjectPATENTS
dc.subjectPOSTAL SERVICE
dc.subjectPOSTAL SERVICES
dc.subjectPRICE CEILINGS
dc.subjectPRICE CONTROL
dc.subjectPRICE CONTROLS
dc.subjectPRICE DISCRIMINATION
dc.subjectPRICE INCREASE
dc.subjectPRICE LEVELS
dc.subjectPRICE REGULATION
dc.subjectPRICE STRUCTURE
dc.subjectPRICE STRUCTURES
dc.subjectPRICING MODEL
dc.subjectPRICING POLICIES
dc.subjectPROCUREMENT
dc.subjectPRODUCTIVITY
dc.subjectPROFIT MARGIN
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC POLICY
dc.subjectR&D
dc.subjectRAMSEY PRICE
dc.subjectRAMSEY PRICES
dc.subjectREGULATORS
dc.subjectREGULATORY FRAMEWORK
dc.subjectRESEARCH INVESTMENT
dc.subjectRESULT
dc.subjectRESULTS
dc.subjectRETURNS TO SCALE
dc.subjectSALE
dc.subjectSALES
dc.subjectSALES ARRANGEMENTS
dc.subjectSAVINGS
dc.subjectSENIOR CITIZEN
dc.subjectSOCIAL COST
dc.subjectSOCIAL COSTS
dc.subjectSOCIAL VALUE
dc.subjectSUPPLIERS
dc.subjectTARGETS
dc.subjectTAX
dc.subjectTAX CREDITS
dc.subjectTAX RATES
dc.subjectTAX STRUCTURE
dc.subjectTAX SYSTEM
dc.subjectTAXATION
dc.subjectUSES
dc.subjectUTILITY FUNCTION
dc.subjectVOTERS
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleFinancing Pharmaceutical Innovation : How Much Should Poor Countries Contribute?en
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.date.disclosure2013-05-23
okr.date.doiregistration2025-05-06T10:55:01.923416Z
okr.doctypePublications & Research::Journal Article
okr.doctypePublications & Research::Journal Article
okr.docurlhttp://documents.worldbank.org/curated/en/2005/01/17747581/financing-pharmaceutical-innovation-much-poor-countries-contribute
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeTransport and ICT
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid656991468158713430
okr.identifier.doi10.1093/wber/lhi005
okr.identifier.externaldocumentum000442464_20130523124114
okr.identifier.internaldocumentum17747581
okr.identifier.report77482
okr.journal.nbpages45-67
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/05/23/000442464_20130523124114/Rendered/PDF/774820JRN020050aceutical0Innovation.pdfen
okr.peerreviewAcademic Peer Review
okr.topicInternational Economics and Trade::Access to Markets
okr.topicPrivate Sector Development::E-Business
okr.topicEconomic Theory and Research
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicPrivate Sector Development::Emerging Markets
okr.unitOffice of the President (EXC)
okr.volume19(1)
relation.isJournalIssueOfPublication666f0256-f2d5-4606-90a5-c59f44c893a4
relation.isJournalIssueOfPublication.latestForDiscovery666f0256-f2d5-4606-90a5-c59f44c893a4
relation.isJournalOfPublicationc41eae2f-cf94-449d-86b7-f062aebe893f
relation.isJournalVolumeOfPublication5319d77f-a6c2-4e7a-a38c-d248adcc7219
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