Dataset Information

Panel data to investigate pricing behavior in the Spanish retail fuel market.

ABSTRACT: The data described in this article were collected daily over the period 18 August 2014 to 15 June 2015 from the website of the Spanish Ministry of Industry, Energy and Tourism http://geoportalgasolineras.es. The database includes information on almost all gas stations located in Spain that sell to the public. For each gas station we have information of daily diesel prices (both posted price and net of taxes), brands and locations (latitude and longitude) and the Brent price. We also share a Stata program file to identify the nearest competitors of each gas station and their brand. The program also computes the distance to the nearest refinery and its brand. The data base can be used for analyzing firms pricing behavior focusing, for example, on asymmetric pricing, cartels or vertical integration, among other topics. This data base is used in the paper [2] "Effects of antitrust prosecution on retail fuel prices" that analyze the impact on prices of an antitrust sanction imposed to several brands on February 2015.

SUBMITTER: Gonzalez X

PROVIDER: S-EPMC6911964 | biostudies-literature | 2020 Feb

REPOSITORIES: biostudies-literature

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Panel data to investigate pricing behavior in the Spanish retail fuel market.

González Xulia X Moral MaríaJ M

Data in brief 20191127

The data described in this article were collected daily over the period 18 August 2014 to 15 June 2015 from the website of the Spanish Ministry of Industry, Energy and Tourism http://geoportalgasolineras.es. The database includes information on almost all gas stations located in Spain that sell to the public. For each gas station we have information of daily diesel prices (both posted price and net of taxes), brands and locations (latitude and longitude) and the Brent price. We also share a Stat ...[more]

PMID: 31853471

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Project description:BackgroundPharmaceutical spending has been increasing rapidly for years and is higher than ever before. To control the rising costs, countries are implementing regulatory frameworks such as (internal) reference pricing, price cuts or generics substitution. Internal reference pricing establishes a reference price within a country which serves as the maximum level of reimbursement for a group of pharmaceuticals. Price setting in the German market is especially relevant for many European countries, which use Germany as a reference country for their own price setting.MethodsWe evaluate pharmaceutical price dynamics for not reference priced pharmaceuticals (NRPs) as well as for reference priced pharmaceuticals (RPs) in Germany-referring to the internal reference price system. 64,862 medication packs have been extracted from the German pharmaceutical pricing register Lauer-Taxe. For each pack, we extracted detailed data on the company, manufacturer rebates, pharmacy retail prices, reference prices, co-payments, import quotas, and discount agreements. We then investigated price setting and dynamics of NRPs vs. RPs for all 14 indication areas by ATC code level 1.ResultsThe average manufacturer price per pack was 604.84€ for NRPs and 112.11€ for RPs. Similar differences were found for the wholesale price and the pharmacy retail price. The reference price was-as expected-0.00€ for NRPs, and 154.40€ for RPs. NRP packs were imported in 42.38%, while RP packs were imported only in 24.62%. Highest average pharmacy retail prices could be found in the therapeutic areas 'antineoplastic and immunomodulating agents' (1711.47€), 'systemic hormonal preparations' (1331.95€), and 'blood and blood forming organs' (1260.58€). We detected high fluctuations in pharmacy retail prices per indication, as well as for reference prices per indication. The indications with the highest number of reference price regulated medical packs are 'cardiovascular system', 'musculo-skeletal system', and 'nervous system'. Highest co-payments were found in the indications 'antineoplastic and immunomodulating agents', 'blood and blood forming organs', and 'antiinfectives for systemic use'.ConclusionPrice setting and price dynamics vary substantially between NRP and RP medication packs. Further, we saw major differences across all indication areas as well as when comparing medication packs launched by top 20 pharma companies vs. the rest.

Dataset Information

Panel data to investigate pricing behavior in the Spanish retail fuel market.

Publications

Panel data to investigate pricing behavior in the Spanish retail fuel market.

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