The Effectivity of the Pharmacy Market

The aim of this project is to identify the economic connections of effectivity on the pharmacy market and to develop a model for it. Therefore, the assistants of the EuZFB together with a junior professor of the Institut for Energy Economics at Cologne University are creating an economictrical model that is meant to simulate changing business environments. It is then analysed why in certain circumstances pharmacists enter or leave the market.

The focus is set on a comparison between rural and urban areas to get a better understanding of how it may be possible to supply all areas with pharmaceutical products in the future.

The results are presented in the Otto-Wolff-Discussion Paper 06/2014.