eprintid: 18272 rev_number: 26 eprint_status: archive userid: 601 dir: disk0/00/01/82/72 datestamp: 2010-03-30 15:14:06 lastmod: 2015-07-23 09:38:03 status_changed: 2010-03-30 15:14:06 type: working_paper metadata_visibility: show item_issues_count: 0 creators_name: Francois, J. creators_name: Hoekman, B. creators_name: Manchin, M. creators_id: MMANC29 title: Preference erosion and multilateral trade liberalization ispublished: pub subjects: 17100 keywords: Preference erosion, GSP, WTO, Doha Round, trade and development abstract: Because of concern that OECD tariff reductions will translate into worsening export performance for the least developed countries, trade preferences have proven a stumbling block to developing country support for multilateral liberalization. We examine the actual scope for preference erosion, including an econometric assessment of the actual utilization, and also the scope for erosion estimated by modeling full elimination of OECD tariffs and hence full MFN liberalization-based preference erosion. Preferences are underutilized due to administrative burden—estimated to be at least 4 percent on average—reducing the magnitude of erosion costs significantly. For those products where preferences are used (are of value), the primary negative impact follows from erosion of EU preferences. This suggests the erosion problem is primarily bilateral rather than a WTO-based concern. date: 2005 publisher: Institute for International Integration Studies official_url: http://www.tcd.ie/iiis/documents/discussion/abstracts/IIISDP87.php oa_status: green language: eng primo: open primo_central: open_green lyricists_name: Manchin, M lyricists_id: MMANC29 full_text_status: public series: IIIS Discussion Paper number: 87 place_of_pub: Dublin, Ireland citation: Francois, J.; Hoekman, B.; Manchin, M.; (2005) Preference erosion and multilateral trade liberalization. (IIIS Discussion Paper 87). Institute for International Integration Studies: Dublin, Ireland. Green open access document_url: https://discovery.ucl.ac.uk/id/eprint/18272/1/18272.pdf