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    Will centralized drug procurement policy improve enterprises’ total factor productivity?

    Will centralized drug procurement policy improve enterprises’ total factor productivity? by Xin Li, Ran Tao, Wenxue Zou, Yuning Jin

    Published 2025-07-01

    Against the backdrop of China’s healthcare reform challenges in drug pricing, this study investigates the impact of the National Centralized Drug Procurement (NCDP) policy implemented in 2018. Employing Difference-in-Differences (DID) methodology on quarterly data from A-share listed pharmaceutical...

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