Determinants of Swedish Pharmaceutical Exports

Abstract: In this thesis factors that explain Swedish pharmaceutical export as been analyzed. The period investigated is from 1995 to 2010. The investigation is concluded through the use of a gravity model. It investigates not only the GDP and distance variable but also the effects of GDP/capita, exchange rates and the effect of being a part of the internal market of EU. The effects of having access to the ocean and if the country has English as its official language is investigated as well as the effect of sharing the same religion. The results show that only a smaller subset of countries make up for most of the pharmaceutical export. The results also shows that the pharmaceutical export can be explained by the same variables as most other goods.