nep-ind New Economics Papers
on Industrial Organization
Issue of 2012‒05‒15
four papers chosen by
Kwang Soo Cheong
Johns Hopkins University

  1. Price Fairness versus Pricing Fairness By Jean Michel Chapuis
  2. Pharmaceutical patents and prices : a preliminary empirical assessment using data from India By Duggan, Mark; Goyal, Aparajita
  3. The Telecommunications Industry and Economic Growth: How the Market Structure Matters By Vahagn Jerbashian

  1. By: Jean Michel Chapuis (EIREST - Equipe interdisciplinaire de recherches sur le tourisme - Université Paris I - Panthéon Sorbonne)
    Abstract: This research note discusses the distinction between these two concepts of perceptions of fairness, based on the theory of distributive justice and procedural justice, in order to helps understand consumer behavior. With a sample of 250 tourists in French Polynesia and a structural equation model, tourists do not confuse price fairness and pricing fairness. The theoretical implications are that future research should use two distinct scales. For managers, the study suggests that the attention devoted to explaining the fairness of the pricing has more impact on consumer satisfaction than some attempts to explain the price.
    Keywords: consumer perceptions, price fairness, pricing fairness, tourism study
    Date: 2012–03–04
  2. By: Duggan, Mark; Goyal, Aparajita
    Abstract: The enforcement of stringent intellectual property rights in the pharmaceutical sector of developing countries generates considerable controversy, due to both the extensive research investment and the public policy importance of this sector. This paper explores the likely effects of enforcing product patents on prices and utilization of drugs in the Central Nervous System market in India. The Central Nervous System segment is the second largest therapeutic category in terms of retail sales in the world and is one of the fastest growing segments in India. Using information on product patents granted by the government and panel data on pharmaceutical prices and utilization from 2003-2008, the paper finds limited evidence of overall price increase following the introduction of product patents. However, there appear to be heterogeneous effects on prices by the type of product patent granted on drugs, implying the need for a careful examination of the product patent portfolio.
    Keywords: Markets and Market Access,Pharmaceuticals&Pharmacoeconomics,Real&Intellectual Property Law,E-Business,Access to Markets
    Date: 2012–05–01
  3. By: Vahagn Jerbashian
    Abstract: This paper presents an endogenous growth model where, in line with the recent empirical evidence, the telecommunications industry (telecom) is an engine of growth. In such a framework, this paper analyzes the channels through which telecom contributes to economic growth and focuses on market structure analysis for telecom, in the light of the recent changes in it. This paper suggests how the market structure of telecom and the competition type in the telecom market can matter for its contribution to economic growth. It also proposes the optimal market structure for telecom from the social welfare perspective. In addition, it suggests the direction of telecom policies which can improve social welfare, and uses its theoretical results for qualitative evaluation of the Telecommunications Act of 1996 and similar policies.
    Keywords: Telecommunications industry; Market structure; Economic growth; Policy evaluation
    JEL: O41 O25 O38 L10
    Date: 2011–09
  4. By: Loy, Jens-Peter; Holm, Thore; Steinhagen, Carsten
    Keywords: Vertical Price Transmission, Threshold Error Correction Model, Dairy Products, Brands, Retail Market, Germany, Agribusiness, Demand and Price Analysis, Food Consumption/Nutrition/Food Safety, Marketing, C32, D21, L11, L81,
    Date: 2012

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