Date of Award

5-2026

Degree Type

Dissertation

Degree Name

Ph.D.

Degree Program

Financial Economics

Department

Economics and Finance

Major Professor

Hammoudeh Mosab

Second Advisor

Hassan Kabir

Third Advisor

Maroney Neal

Fourth Advisor

Lane Walter

Abstract

This dissertation examines how government intervention shapes innovation in the U.S. pharmaceutical industry, with a special focus on pricing restrictions and subsidies. The first chapter studies whether the inflation reduction act (IRA), while intended to reduce drug costs, also affected pharmaceutical innovation. While the second chapter examines the impact of subsidies on innovative activities within pharmaceutical companies. Taken together, these essays show that government policies can have powerful effects on pharmaceutical innovation with pricing regulation weakening development incentives and subsidies playing an important role in fostering innovation.

Rights

The University of New Orleans and its agents retain the non-exclusive license to archive and make accessible this dissertation or thesis in whole or in part in all forms of media, now or hereafter known. The author retains all other ownership rights to the copyright of the thesis or dissertation.

Available for download on Monday, April 09, 2029

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