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【Modern Economics Seminar】Schedule for the 2025-2026 Academic Year

Date and Location

Room201, Graduate School of International Social Sciences
*Date and Location are subject to change. Check the schedule for details.

Updated September 17
DateSpeakerTitleNotes
11/3/25Yi Xin
(the Asia Competitiveness Institute (ACI),Lee Kuan Yew School of Public Policy)
Intra-Industry Trade and Job Creation: Evidence from the US-Singapore Free Trade AgreementMonday 16:15~,
(Economics Seminar Room, Econ Dept Building 2F),
in person
in English

11/3 Abstract

The abstract: This paper examines the US-Singapore trade relationship and its impact on American employment. We show that since the inception of the US-Singapore Free Trade Agreement (USSFTA) in 2004, bilateral trade has been characterized by the rise of intra-industry trade, initially driven by advanced manufacturing and later dominated by professional services such as R&D. Using a shift-share econometric design, we estimate that the partnership has created more than 500,000 jobs across 32 advanced manufacturing and professional services sectors in the United States. These jobs are widely distributed across bipartisan congressional districts, with a significant share located in swing states and in districts represented on key committees overseeing trade, technology, and industrial policy. We also argue that these findings underscore a broader strategic point: such mutually beneficial, within-industry co-production partnerships not only create jobs but also reinforce competitiveness in a protracted contest for global primacy.

Contact

Graduate School of International Social Sciences Yokohama National University
FURUKAWA Chishio(furukawa-chishio-gjynu.ac.jp)