The human cost of collusion: Health effects of a Mexican insulin cartel
Despite recent attention on the role of competition in determining health outcomes in developed nations, little is known about how market power impedes access to quality care in lower-income countries.
Dr Barkley’s research studies the effects of policy changes that stopped collusion among firms supplying insulin to one of Mexico's largest health care providers.
Dr Barkley documented increased insulin utilisation and decreased diabetes complications and mortality following the sudden drop in insulin prices caused by the cartel's collapse.
These adverse health outcomes expand the assessment of damages caused by the cartel.
The findings highlight the importance of market design policies in health markets, particularly for low and middle-income countries.
Speaker
Dr Aaron Barkley, University of Melbourne
Dr Barkley is a senior lecturer in Economics at the University of Melbourne and an affiliate of the Centre for Market Design. His primary research interests include applied microeconomics, industrial organisation and public economics. Much of his work focuses on empirical evaluations of mechanism design in markets featuring interaction between government organisations and private sector firms. This work includes applications to government contracting decisions for large infrastructure projects and evaluating the effects of procurement design for public health care provision.
Organised by
Centre for Health Economics, Monash Business School
As part of our centre's vibrant research culture, we host a weekly seminar series. Visiting and invited researchers present current research relating to the economics of health and wellbeing, and the healthcare sector. Visitors are welcome to join these sessions, where discussion and debate is encouraged.
Join the Zoom meeting
Click the button below to join the Zoom meeting.
Contact shannon.stanwell@monash.edu for more details.
Event Details
- Date:
- 1 June 2022 at 12:00 pm – 1:00 pm
- Venue:
- In-person at Caulfield campus, Building H, Level 9, Room H902 and Zoom
- Categories:
- Health Economics; CHE Seminar
Description
Despite recent attention on the role of competition in determining health outcomes in developed nations, little is known about how market power impedes access to quality care in lower-income countries.
Dr Barkley’s research studies the effects of policy changes that stopped collusion among firms supplying insulin to one of Mexico's largest health care providers.
Dr Barkley documented increased insulin utilisation and decreased diabetes complications and mortality following the sudden drop in insulin prices caused by the cartel's collapse.
These adverse health outcomes expand the assessment of damages caused by the cartel.
The findings highlight the importance of market design policies in health markets, particularly for low and middle-income countries.
Speaker
Dr Aaron Barkley, University of Melbourne
Dr Barkley is a senior lecturer in Economics at the University of Melbourne and an affiliate of the Centre for Market Design. His primary research interests include applied microeconomics, industrial organisation and public economics. Much of his work focuses on empirical evaluations of mechanism design in markets featuring interaction between government organisations and private sector firms. This work includes applications to government contracting decisions for large infrastructure projects and evaluating the effects of procurement design for public health care provision.
Organised by
Centre for Health Economics, Monash Business School
As part of our centre's vibrant research culture, we host a weekly seminar series. Visiting and invited researchers present current research relating to the economics of health and wellbeing, and the healthcare sector. Visitors are welcome to join these sessions, where discussion and debate is encouraged.
Join the Zoom meeting
Click the button below to join the Zoom meeting.
Contact shannon.stanwell@monash.edu for more details.