Data and Code for "Patents, Innovation, and Competition in Pharmaceuticals: The Hatch- Waxman Act After Forty Years"
Principal Investigator(s): View help for Principal Investigator(s) C. Scott Hemphill, NYU School of Law; Bhaven Sampat, Arizona State University
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
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| code | 04/18/2025 01:52:PM | ||
| data | 04/18/2025 01:52:PM | ||
| output | 04/18/2025 01:52:PM | ||
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application/pdf | 272.1 KB | 04/26/2025 08:09:AM |
Project Citation:
Hemphill, C. Scott, and Sampat, Bhaven. Data and Code for “Patents, Innovation, and Competition in Pharmaceuticals: The Hatch- Waxman Act After Forty Years.” Nashville, TN: American Economic Association [publisher], 2025. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2025-05-05. https://doi.org/10.3886/E218443V1
Project Description
Summary:
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The central issue in pharmaceuticals, as a matter of economic inquiry and regulatory design, is how to balance the dynamic benefits of new drugs against the static benefits of low prices for existing drugs. In the United States, that balance is set by the Drug Price Competition and Patent Term Restoration Act of 1984, commonly known as the Hatch-Waxman Act. The 40th anniversary of the Act presents an opportunity to assess the Act’s successes and failures thus far. We provide evidence on the effects of the Act's patent listing, challenge, and restoration provisions.
Funding Sources:
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National Institute for Health Care Management
Scope of Project
Subject Terms:
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pharmaceuticals;
patents;
innovation;
competition
JEL Classification:
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L65 Chemicals; Rubber; Drugs; Biotechnology; Plastics
O30 Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
L65 Chemicals; Rubber; Drugs; Biotechnology; Plastics
O30 Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
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