Journal Article

The Market Impacts of Pharmaceutical Product Patents in Developing Countries : Evidence from India

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collection.link.125
https://openknowledge.worldbank.org/handle/10986/4401
collection.name.125
C. Journal articles published externally
dc.contributor.author
Duggan, Mark
dc.contributor.author
Garthwaite, Craig
dc.contributor.author
Goyal, Aparajita
dc.date.accessioned
2016-03-10T22:40:43Z
dc.date.available
2016-03-10T22:40:43Z
dc.date.issued
2016-01
dc.date.lastModified
2017-12-14T08:53:22Z
dc.description.abstract
In 2005, as the result of a World Trade Organization mandate, India implemented a patent reform for pharmaceuticals that was intended to comply with the 1995 Trade-Related Aspects of Intellectual Property Rights (TRIPS). Exploiting variation in the timing of patent decisions, we estimate that a molecule receiving a patent experienced an average price increase of just 3-6 percent, with larger increases for more recently developed molecules and for those produced by just one firm when the patent system began. Our results also show little impact on quantities sold or on the number of pharmaceutical firms operating in the market.
en
dc.identifier.citation
American Economic Review
dc.identifier.issn
0002-8282
dc.identifier.uri
http://hdl.handle.net/10986/23939
dc.language.iso
en_US
dc.publisher
American Economic Association
dc.rights
CC BY-NC-ND 3.0 IGO
dc.rights.holder
American Economic Association
dc.rights.uri
http://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subject
intellectual property
dc.subject
patents
dc.subject
pharmaceutical industry
dc.subject
World Trade Organization
dc.subject
TRIPS
dc.title
The Market Impacts of Pharmaceutical Product Patents in Developing Countries
en
dc.title.subtitle
Evidence from India
en
dc.type
Journal Article
en
okr.date.disclosure
2016-03-10
okr.doctype
Publications & Research :: Journal Article
okr.doctype
Publications & Research
okr.externalcontent
External Content
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1257/aer.20141301
okr.identifier.report
104057
okr.journal.nbpages
99-135
okr.language.supported
en
okr.peerreview
Academic Peer Review
okr.region.administrative
South Asia
okr.region.country
India
okr.topic
International Economics and Trade :: Intellectual Property Rights
okr.topic
International Economics and Trade :: World Trade Organization
okr.unit
Poverty and Equity Global Practice Group (GPVDR)
okr.volume
106(1)

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