Working Paper: NBER ID: w23223
Authors: Assaf Razin
Abstract: The paper reviews the crucial role which globalization forces played in Israel’s transformation from low tech to high tech economy. Special emphasis is placed on foreign direct investment as a driver for the high-tech transformation.
Keywords: Globalization; Foreign Direct Investment; High-Tech Sector; Israel; Economic Transformation
JEL Codes: F21; F3
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Globalization (F60) | Increased FDI (F21) |
| Increased FDI (F21) | High-tech sector growth (O39) |
| Globalization (F60) | High-tech sector growth (O39) |
| FDI (F23) | Labor productivity (O49) |