ARE ONLINE PHARMACY PRICES REALLY LOWER IN MEXICO?
Journal Title: Asian Economic and Financial Review - Year 2014, Vol 4, Issue 4
Abstract
Empirical research on international pharmaceutical prices has uncovered numerous interesting commonalities and differences across international markets. This study examines price differences for brand name medicines sold over the Internet in the United States and Mexico. Web sites in both countries advertise their services in English and price their products in dollars. Sample data for 50 top selling medicines are from October 2011 for equal dosages on a per unit basis, exclusive of shipping fees, handling charges, and taxes. For a few medicines, the savings available to consumers who purchase them from companies in Mexico are very large. For most medicines in the sample, the savings are comparable to those available from Internet sources in other countries. Non-parametric test results indicate that the price differences are statistically significant.
Authors and Affiliations
Thomas M. Fullerton, Jr. | Department of Economics & Finance University of Texas at El Paso, Francisco J. Pallares| Department of Economics & Finance University of Texas at El Paso, Adam G. Walke| Department of Economics & Finance University of Texas at El Paso
Keywords
Related Articles
- EP ID EP2018
- DOI -
- Views 428
- Downloads 54
AN ERROR CORRECTION REPRESENTATION OF MARKET LIQUIDITY – ECONOMIC GROWTH NEXUS IN NIGERIA: A RECENT EXPERIENCE
The study examines the relationship between market liquidity and economic growth in Nigeria over the period of 1987-2012 using time series data. The starting point of our analysis was to check for the time series propert...
THE EFFECTS OF BOARD SIZE AND CEO DUALITY ON FIRMS’ CAPITAL STRUCTURE: A STUDY OF SELECTED LISTED FIRMS IN NIGERIA
This study examined the effects of board size and CEO Duality on the capital structure of listed firms in Nigeria. To achieve the objectives of this study, a total of 40 listed firms in the Nigerian stock exchange market...
WHICH FORM OF FOREIGN CAPITAL INFLOWS ENHANCE ECONOMIC GROWTH? EMPIRICAL EVIDENCE IN SUB-SAHARAN AFRICA
Empirically, results from time series and cross country studies have identified foreign capital inflows to play a pivotal role in the growth process of host countries. The goal of this paper is to examine the impact of t...
Effects of Microfinance on Micro and Small Enterprises (MSEs) Growth in Nigeria
This paper investigates the effects of microfinance on micro and small business growth in Nigeria. The objectives are: one, to examine the effects of different loan administration practices (in terms of loan size and ten...
OPTIMAL CONCENTRATION AND R&D POLICIES UNDER DUAL GOVERNMENT GOALS
The present study examines the optimal concentration and R&D subsidy/taxation policies under the dual government goals of maximizing current welfare and achieving technological superiority internationally (national champ...