ArticleIranian journal of pharmaceutical research : IJPR2021
The Impact of Inflation and Its Uncertainty on Pharmaceutical Prices: Evidence from Iran.
Article in Iranian journal of pharmaceutical research : IJPR, 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 5 papers.
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The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
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Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.
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Who cites it
5 citing papers in PubMed.
- Cost-Effectiveness Analysis of Ofatumumab versus Teriflunomide for Relapsing-Remitting Multiple Sclerosis: A 10-Year Markov Model.ClinicoEconomics and outcomes research : CEOR · 2025Article
- A benchmarking and evidence-informed gap analysis of the hemodialysis care provision in Iran.BMC health services research · 2024Article
- Barriers to financial access of disabled people to health services in rural areas: A case study of Iran.Journal of education and health promotion · 2024Article
- How does external reference pricing work in developing countries: evidence from Iran.Frontiers in pharmacology · 2023Article
- Explanation of Socio-economic Inequality in Medicine Use: A Cross-sectional Analysis from Iran.Iranian journal of pharmaceutical research : IJPR · 2022Article
Corrections and comments
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Authors and funding
8 authors.
Funding
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Abstract
Pharmaceutical productions are recognized as an essential commodity in the economical literature; therefore, an increase in their prices leads to an increase in the household budget. Currently, about 15-20% of the entire health expenditure in Iran is allocated to the pharmaceutical sector. This study aimed to investigate the effect of inflation and its uncertainty on inflation in pharmaceutical prices in Iran. In this study, the monthly time series of consumer price index from 2001 to 2017 was used to calculate inflation uncertainty based on a generalized autoregressive conditional heteroscedasticity model. Hylleberg-Engle-Granger-Yoo test was performed to determine the stationary of the data. Feasibility tests were also used to explore the application of Autoregressive conditional heteroscedasticity family models to these data. The causal relationship between inflation uncertainty and inflation in the pharmaceutical sector was investigated using the Granger causality test. A causal relationship was found between inflation and inflation uncertainty at the 95% confidence interval for the monthly data during the study. It was revealed that Inflation uncertainty did not affect the inflation in the pharmaceutical prices, but inflation can be a cause of pharmaceutical inflation. Although inflation uncertainty has no association with pharmaceutical inflation, it seems that it could affect pharmaceutical inflation through inflation in other sectors. Therefore, adopting appropriate monetary policies aimed at controlling liquidity and inflation can effectively control pharmaceutical prices.
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Registered trials
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