This thesis main focus is to test the existence of relationship between number of pharmacies in a region and its properties. On data panel spanning over period from 2005 to 2012 in 73 regions, totaling to 578 observations I based econometric model. Average percent of sick leaves, share of pension recipients, share of doctors, the number of parts of village, and population density have been found to be statistically significant. Based on the model, implementation of regulatory fee per prescriptio... show full abstractThis thesis main focus is to test the existence of relationship between number of pharmacies in a region and its properties. On data panel spanning over period from 2005 to 2012 in 73 regions, totaling to 578 observations I based econometric model. Average percent of sick leaves, share of pension recipients, share of doctors, the number of parts of village, and population density have been found to be statistically significant. Based on the model, implementation of regulatory fee per prescription was not statistically significant toward the number of pharmacies, even though it affected amount of prescriptions that were used in 2008. Impact of income was not analyzed due to lack of data. |