Umeň Economic Studies, Department of Economics, Umeň University
Entry and the Number of firms in the Swedish Pharmaceuticals Market
Abstract: This paper analyses the factors that determine entry into
the Swedish pharmaceuticals market. The analysis is based on panel data for
22 different substances covering the years 1972 to 1996. The results show
that profit opportunities in a particular market have a positive impact on
entry. In addition, there is some evidence suggesting that the length of
the patent protection period has a negative impact on entry.
Keywords: Pharmaceutical industry; entry; number of firms; panel data; (follow links to similar papers)
JEL-Codes: I11; L65; (follow links to similar papers)
21 pages, November 28, 2000
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