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Export Reference (APA) 
Vale, S., de Mello-Sampayo, F. & Camões, F. (2013). Substitutability between drugs, innovation and growth in the pharmaceutical industry. 10th Eurasia Business and Economics Society.
Export Reference (IEEE) 
S. D. Vale et al.,  "Substitutability between drugs, innovation and growth in the pharmaceutical industry", in 10th Eurasia Business and Economics Society, Istambul, 2013
Export BibTeX 
@misc{vale2013_1766254268711,
	author = "Vale, S. and de Mello-Sampayo, F. and Camões, F.",
	title = "Substitutability between drugs, innovation and growth in the pharmaceutical industry",
	year = "2013",
	howpublished = "Other",
	url = ""
}
Export RIS 
TY  - CPAPER
TI  - Substitutability between drugs, innovation and growth in the pharmaceutical industry
T2  - 10th Eurasia Business and Economics Society
AU  - Vale, S.
AU  - de Mello-Sampayo, F.
AU  - Camões, F.
PY  - 2013
CY  - Istambul
AB  - This paper establishes a relationship between the elasticity of demand for pharmaceutical intermediates and the growth rate for these interme- diates variety. We build a model that contains two sectors, one nal good sector producing treatments, and one intermediate goods sector produc- ing a dierentiated input used in the nal treatment. The eects on the medicaments varieties' growth rate of the introduction of a scal in- strument over pharmaceutical producers' prots are discussed. When the scal instrument is a tax over intermediate rms' prots, R&D by rms in the pharmaceutical goods sector results in positive growth provided pro- vided there exists enough substitutability among intermediates assured by a patent system. Otherwise, a subsidy over pharmaceutical rms' prots should be considered to generate positive growth of innovation in medica- ments
ER  -