Falsified or Substandard? Assessing Price and Non-Price Signals of Drug Quality
Roger Bate, Gingner Jin and Aparna Mathur ,
4
( 24 )
Journal of Economics & Management Strategy
687-711
December
2015
Abstract

Pharmaceutical products can be of poor quality either because they contain zero correct active ingredient (referred to as “falsified”) or because they contain a non-zero but incorrect amount of the right active ingredient (referred to as “substandard”).

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