Description
Title: Price Dynamics for Online Brand Name Pharmacies in the United States and Mexico as a Whole
Abstract: Virtual cross-border medical tourism enables many Americans to buy name-brand medications from Mexican companies without actually going to Mexico. According to monthly economic reports, brand-name pharmaceutical product prices in Mexico are significantly less expensive online than those in the United States. There aren’t many econometric studies on the relationships between these prices and how dynamic they are. The findings of this study show that online drug prices in Mexico react to changes in online prices very quickly.
Keywords: online pharmacies; brand name medicines; price dynamics; applied econometrics
Paper Quality: SCOPUS / Web of Science Level Research Paper
Subject: Economics
Writer Experience: 20+ Years
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