Trends of automotive industry FDI in Guanajuato, Mexico

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2018

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Análisis Económico



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Automotive industry

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Alejandro García Garnica et al., « Trends of automotive industry FDI in Guanajuato, Mexico », Análisis Económico, ID : 10670/1.u33rza


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"The objective of this article is to analyze the trend of Foreign Direct Investment (FDI) in the state of Guanajuato, in particular, that attracted by the automotive industry during the period2000-2016. This study uses a quantitative methodology to describe the behavior and general trends of the total FDI flows, the data used were gathered from official statistics sources and the results from a research project carried out from 2014 to 2017. The main conclusions drawn are: FDI in the automotive industry has allowed Guanajuato to become one of the main emerging and dynamic center of this sector in Mexico. There is a positive impact on the economic development of the State, measured through created employment, exports, and economic growth, among others. The main factors that have promoted the FDI flows are: a) infrastructure, low wages, skilled workforce, etc., and b) State industrial policies have implemented attractive incentives for the companies."

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