RETAIL PHARMACY IN MELBOURNE - ACTUAL AND OPTIMAL DENSITIES
UNSPECIFIED. (1993) RETAIL PHARMACY IN MELBOURNE - ACTUAL AND OPTIMAL DENSITIES. JOURNAL OF INDUSTRIAL ECONOMICS, 41 (4). pp. 403-419. ISSN 0022-1821Full text not available from this repository.
This paper models retail pharmacy distribution in terms of a quasi-monopolistically competitive market structure in which government remuneration determines industry numbers. The model is calibrated using industry estimates for metropolitan Melbourne and comparisons are made with actual pharmacy numbers, with reasonable results. Some normative implications are also drawn, based upon the use of a social loss function.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HG Finance
H Social Sciences > HC Economic History and Conditions
|Journal or Publication Title:||JOURNAL OF INDUSTRIAL ECONOMICS|
|Publisher:||BLACKWELL PUBL LTD|
|Number of Pages:||17|
|Page Range:||pp. 403-419|
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