<> "The repository administrator has not yet configured an RDF license."^^ . <> . . . "Access to Medicines and European Market Integration"^^ . "In this paper we document a process of price convergence in the European market for pharmaceuticals and relate it to access to innovative medicines in individual countries. The EU is a peculiar case study, where free circulation of goods exists, but pricing policies are designed and implemented by Member States. Thanks to a unique census database on product sales and launches\r\nfor fifteen EU countries, we detect a process of price convergence, both in nominal and in real\r\nterms. Therefore, we find that a faster rate of price convergence and a lower income per capita are\r\nassociated with stronger delays in launches of new medicines. Moreover, country delays tend to\r\nbe higher for innovative and first in class chemical compounds. Our results suggest that inefficiencies arise from drugs regulation, when countries widely differ in income per capita, public finance\r\nsustainability conditions, and regulatory frameworks. Policies of external reference pricing tend to\r\nexacerbate welfare losses. A policy of differential pricing is suggested, in order to take into account\r\nboth therapeutic value and willingness to pay."^^ . "2016-01" . . "1" . . "IMT Institute for Advanced Studies Lucca"^^ . . . . . . . . . "Armando"^^ . "Rungi"^^ . "Armando Rungi"^^ . . "Fabio"^^ . "Pammolli"^^ . "Fabio Pammolli"^^ . . . . . . "Access to Medicines and European Market Integration (PDF)"^^ . . . . . . "WP_2016_1.pdf"^^ . . . "Access to Medicines and European Market Integration (Other)"^^ . . . . . . "lightbox.jpg"^^ . . . "Access to Medicines and European Market Integration (Other)"^^ . . . . . . "preview.jpg"^^ . . . "Access to Medicines and European Market Integration (Other)"^^ . . . . . . "medium.jpg"^^ . . . "Access to Medicines and European Market Integration (Other)"^^ . . . . . . "small.jpg"^^ . . "HTML Summary of #2981 \n\nAccess to Medicines and European Market Integration\n\n" . "text/html" . . . "HB Economic Theory"@en . . . "HD Industries. Land use. Labor"@en . .