ARTICLE

DOI: 10.3232./GCG.2009.V3.N1.05

Regulation mechanisms in the Spanish pharmaceutical industry: an evaluation of the Government-Pharmaceutical Industry Stability Pact 2001-2004 .  Enzo Piña Mavarez -  Eugenia Suárez Serrano -  [ Application ]

The purpose of this work is to analyse two things: firstly, the basis of the Government-Pharmaceutical Industry Stability Pact 2001-2004, which aimed to limit annual growth in public pharmaceutical expenditure, creating a favourable environment for research; secondly, assessing whether the proposed objective of creating stability for the Spanish pharmaceutical industry was achieved. It carries out a thorough statistical analysis of a sample of 45 pharmaceutical laboratories, complemented with a cluster analysis of the main variable strategic principles of the industry, revealing that company behaviour has indeed remained stable during the period in question.

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