What does the Consumer Price Index for prescription drugs really measure?

Title
What does the Consumer Price Index for prescription drugs really measure?
First Author
Cleeton, David L
Date of Pub
1992 Spring
Pages
45-51
Abstract
This article examines the conceptually desirable attributes of a fully quality-adjusted prescription drug price index. It provides an understanding of how the Consumer Price Index for prescription drugs and medical supplies treats quality changes in prescription drugs and, in particular, quality changes associated with the introduction of new drugs.
Other Authors
Goepfrich, Valy T; Weisbrod, Burton A
MeSH
Abstracting and Indexing : Data Interpretation, Statistical : Drug Costs/classification/statistics & numerical data : Human : Models, Econometric : Prescriptions, Drug/economics : Quality Control : Support, U.S. Gov't, P.H.S. : United States
Issue
3
NTIS Number
PB2001-105738
Volume
13

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