Consumption externalities and diffusion in pharmaceutical markets: Antiulcer drugs

Journal of Industrial Economics

Volumn 51, Issue 2, 2003, Pages 243-270

  Berndt, Ernst R ^a   Pindyck, Robert S ^a   Azoulay, Pierre ^b  

^a MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

^b Och Spine at New York Presbyterian Hospitals   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0038383109     PISSN: 00221821     EISSN: None     Source Type: Journal    
DOI: 10.1111/1467-6451.00200     Document Type: Article

References (26)

1. Berndt, Ernst R., The Practice of Econometrics: Classic and Contemporary, Reading, MA:Addison-Wesley Publishing Company, 1991.
2. Berndt, Ernst R., Cockburn lain and Griliches Zvi, 'Pharmaceutical Innovations and Market Dynamics: Tracking Effects on Price Indexes for Antidepressant Drugs,' Brookings Papers on Economic Activity: Microeconomics 1996, 133-188.
3. Berndt, Ernst R., Bui Linda T., Reiley David H. and Urban Glen L., 'The Roles of Marketing, Product Quality, and Price Competition in the Growth and Composition of the U.S. Antiulcer Drug Industry," in The Economics of New Goods, T. Bresnahan and R. Gordon, eds., University of Chicago Press, 1997, 277-322.
4. Berndt, Ernst R., Bui Linda T., Reiley David H. and Urban Glen L., 'Information, Marketing, and Pricing in the U.S. Antiulcer Drug Market,' American Economic Review Papers and Proceedings, May 1995, 85
5. Berndt, Ernst R., Pindyck Robert S. and Azoulay Pierre, 'Consumption Externalities and Diffusion in Pharmaceutical Markets: Antiulcer Drugs,' NBER Working Paper No. 7772, June 2000.
6. Berry, Steven T., Levinsohn James and Ariel Fakes, 'Automobile Prices in Market Equilibrium,' Econometrica, 1995, 60(4), 889-917.
7. Bikhchandani, Sushil, Hirshleifer David and Welch Ivo, 'Learning from the Behavior of Others: Conformity, Fads, and Informational Cascades," Journal of Economic Perspectives, Summer 1998, 12, 151-170.
8. Bond, Ronald S. and Lean David F., Sales, Promotion, and Product Differentiation in Two Prescription Drug Markets, Staff Report of the Bureau of Economics of the Federal Trade Commission, February, 1977.
9. Brynjolfsson, Erik and Kemerer Chris F., 'Network Externalities in Microcomputer Software: An Econometric Analysis of the Spreadsheet Market,' Management Science, December 1996, 42, 1627-1647.
10. Cockburn, Iain and Anis Aslam H., 'Hedonic Analysis of Arthritis Drugs,' Chapter 11 in David M. Cutler and Ernst R. Berndt, eds., Medical Care Output and Productivity, Chicago: University of Chicago Press for the National Bureau of Economic Research, 2001, 439-458.
11. Coleman, James S., Katz Elihu and Menzel Herbert, Medical Innovation: A Diffusion Study, Indianapolis: Bobbs-Merrill, 1966.
12. Ellison, Sara Fisher, Cockburn Iain, Griliches Zvi and Hausman Jerry, 'Characteristics of Demand for Pharmaceutical Products: An Examination of Four Cephalosporins,' RAND Journal of Economics, Autumn, 1997, 28, 426-446.
13. Gandal, Neil, 'Hedonic Price Indexes for Spreadsheets and an Empirical Test for Network Externalities,' RAND Journal of Economics, Spring, 1994, 25, 160-170.
14. Gandal, Neil, Kende Michael and Rob Rafael, The Dynamics of Technological Adoption in Hardware/Software Systems: The Case of Compact Disc Players,' RAND Journal of Economics, Spring, 2000, 31, 43-61.
15. Geroski, P. A., 'Models of Technology Diffusion,' Research Policy, 2000, 29, 603-625
16. Goolsbee, Austan and Klenow Peter J., 'Evidence on Network and Learning Externalities in the Diffusion of Home Computers,' NBER Working Paper No. 7329, Sept. 1999.
17. IMS America, Information Services Manual, Philadelphia, 1996.
18. Kessler, Daniel and McClellan Mark, 'Do Doctors Practice Defensive Medicine?' Quarterly Journal of Economics, May, 1996, 20, 353-390.
19. King, Charles III, 'Empirical Studies of Marketing, Product Differentiation, Pricing and Competition,' Ph.D. dissertation, Massachusetts Institute of Technology, June, 1997.
20. Lu, Z. John and Comanor William S., 'Strategic Pricing of New Pharmaceuticals,' Review of Economics and Statistics, February, 1998, 80, 108-118.
21. Mahajan, Vijay and Muller Eitan, 'Innovation Diffusion and New Product Growth Models in Marketing,' Journal of Marketing, Fall, 1979, 43, 55-68.
22. Mahajan, Vijay, Muller Eitan and Bass Frank M., 'New Product Diffusion Models in Marketing: A Review and Directions for Research,' Journal of Marketing, 1990, 54, 126.
23. Scharfstein, David and Stein Jeremy, 'Herd Behavior and Investment,' American Economic Review, June, 1990, 80, 465-479.
24. Suslow, Valerie Y., 'Measuring Quality Change in the Market for Anti-Ulcer Drugs,' Chapter 4 in Robert M. Helms, ed., Competitive Strategies in the Pharmaceutical Industry, Washington, DC, American Enterprise Institute: AEI Press, 1996, 49-72.
25. Temin, Peter, Taking Your Medicine: Drug Regulation in the United States, Harvard University Press, 1980.
26. Werth, Barry, The Billion-Dollar Molecule, New York: Simon and Schuster, 1994.