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Journal of Pharmaceutical Marketing & Management Volume 16, 2004 - Issue 3
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Original Article

The Economics of Cross-Border Trade in Pharmaceuticals: Theory and Evidence

Paul Grootendorst Department of Economics, University of Toronto; McMaster University, Hamilton, OntarioCorrespondence[email protected]
Pages 99-109 | Received 09 Jun 2004, Accepted 10 Aug 2004, Published online: 04 Dec 2011
 

ABSTRACT

This paper considers the theoretical predictions of the effects of cross-border pharmaceutical trade on the pricing decisions of multinational pharmaceutical manufacturers and the effects of these pricing decisions on the profits of the multinational pharmaceutical manufacturers, research and development activities, and social welfare.

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