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Generics and New Goods in Pharmaceutical Price Indexes

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NBER1993-02-01 更新2025-01-04 收录
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We examine the issue of new goods and price indexes for the important and tractable case of generic and branded drugs. By treating generics as entirely distinct goods and "linking them in" to indexes with fixed weights, the standard price indexes fail to reflect the substantial welfare gains to

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1993-02-01
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