Table 3 Regression results from analyzing percentage discount rate
From: Competitive tenders on analogue hospital pharmaceuticals in Denmark 2017–2020
Coefficient | Robust standard error | t | |
|---|---|---|---|
Constant | 49.87 | 67.30 | 0.81 |
Annual percentage price decrease | − 0.04 | 0.18 | − 0.21 |
Number of days since authorization | − 0.004 | 0.002 | − 2.08 |
Number of competitors | 4.46 | 1.04 | 4.29 |
Promised market share for the winner | − 0.24 | 0.67 | − 0.36 |
Pharmaceutical spending (mio. DKK) | − 0.02 | 0.11 | − 0.18 |
n | 19 | ||
R2 | 0.72 | ||