Dynamics of Human Capital in the Aerospace Industry in Mexico

Abstract

The aerospace industry is a manufacturing industry that focuses on the design, manufacture of airframes, conception and production of aircraft engines, as well as electrical and mechanical systems. Given its impact on other areas of the economy, it is known as an industry of industries. In Mexico, the performance of the aerospace industry in recent years has shown growth derived particularly from the specialization of the workforce. This article aims to determine and analyze the injection that human capital has in the production of aerospace equipment in Mexico. It is based on the hypothesis that human capital gives this industry strong competitive advantages to locate in the country. The methodology used consists of replicating an empirical economic model of logarithmic regression. The previous results indicate a favorable productive environment for said industry, characterized by a strict quality control of the labor sector.