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Elasticity of demand of an antidepressant drug in Colombia as an strategy to assess market power

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dc.creatorCadena-Lozano, Javier Bernardospa
dc.creatorAriza-Garzón, Miller Jannyspa
dc.creatorPulido-Cruz, Carlos Gerardospa
dc.date.accessioned2020-05-26T00:00:20Z
dc.date.available2020-05-26T00:00:20Z
dc.date.created2016spa
dc.description.abstractThis article develops an estimation of the price elasticity of demand of a medication 'type' for treating depression. This disorder affects physically and mentally a big part of the population around the world. This disorder is considered an important public health problem whose preva-lence has been increasing. For the purpose of this research two econometric models of vectors were estimated for the previous period of the issuance of Circular 03 of 2013, which regulates the price of medications in Colombia. The outcomes of the estimation show a non-significant price elasticity of 0.35 %, that is to say, changes in price do not generate the expected response in demand. This result suggests that the company, which produces this type of medication, exerts significant power in the market. Therefore, this result proves the need to implement the Circular.eng
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.11144/Javeriana.rgyps15-31.edma
dc.identifier.issn16577027
dc.identifier.urihttps://repository.urosario.edu.co/handle/10336/23204
dc.language.isoengspa
dc.publisherPontificia Universidad Javerianaspa
dc.relation.citationEndPage297
dc.relation.citationIssueNo. 31
dc.relation.citationStartPage278
dc.relation.citationTitleRevista Gerencia y Politicas de Salud
dc.relation.citationVolumeVol. 15
dc.relation.ispartofRevista Gerencia y Politicas de Salud, ISSN:16577027, Vol.15, No.31 (2016); pp. 278-297spa
dc.relation.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85011004480&doi=10.11144%2fJaveriana.rgyps15-31.edma&partnerID=40&md5=7d0a1d1dcc9620272199c0a98411062bspa
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto Completo)spa
dc.source.instnameinstname:Universidad del Rosariospa
dc.source.reponamereponame:Repositorio Institucional EdocURspa
dc.subject.keywordAntidepressive agentsspa
dc.subject.keywordElasticityspa
dc.subject.keywordHealth policyspa
dc.subject.keywordPharmaceutical preparationsspa
dc.subject.keywordPublic policyspa
dc.titleElasticity of demand of an antidepressant drug in Colombia as an strategy to assess market powerspa
dc.title.TranslatedTitleElasticidades de demanda de un medicamento antidepresivo en Colombia como estrategia para evaluar poder de Mercadospa
dc.typearticleeng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaArtículospa
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