In this act there were also invested the new doctors of the academic year 2014-2015. At the same time of the event of La Nau, the Social Social Sciences Library keeps the exhibition ‘Jorgenson work at the Library collection’ open. The exhibition can be visited until 31 May at the hall of the Library building.

At his ‘lectio’, Dale W. Jorgenson has explained in detail two other ideas about productivity and economic growth. The first one has been that world economy is experimenting ‘a core transformation’. ‘The balance of world economy in the XXI century is moving rapidly from the industrialised economies, led by Europe, Japan and the United States, to the emerging economies of Asia, particularly China and India. These radical changes are giving rise to a new economical world order. Now China outpaces the United States, which has been the largest economy of the world throughout the XX century. India has already reached Japan in the third place of world economy. The new global order will be headed by China, followed by the United States, after India and, finally, Japan’, he has indicated.

The second one is that global economic growth has accelerated during the XXI century. ‘Although there will continue to be a fastest growth, my prediction is that the leading industrialised economies will grow at a slower pace than world economy, while China and India will grow faster’, he has detailed.

The whole ‘lectio’ can be read at: http://links.uv.es/QS7zPKK

The full university professor of Economic Analysis Francisco Pérez has been in charge of reading the ‘laudatio’. As he has said, the background of many Jorgenson works is a topic that awakens the maximum interest of Economics from its emergence as a differentiated scientific field: ‘the factors that boost the progress’. Pérez has explained how his vision of the issue has changed and the contribution of Jorgenson to the debate: ‘Jorgenson’s approach allows to contemplate all the dimensions of the investment problem and to realise that without appropriated information about the usage costs of capital the evaluation of investment productivity -and of the contributions of growth capital- turn out to be inaccurate’.

The whole ‘laudatio’ can be read at: http://links.uv.es/AN0tv2y

The Principal

Dale W. Jorgenson (Montana, United States, 1933) is ‘Samuel W. Morris Professor of Economics at Harvard University’. PhD in economics from Harvard University, he has taught at the University of California, Berkeley, and he has served as President of the American Economic Association of the National Research Council, of the Econometric Society and of the section of Economic Sciences at the National Academy of Sciences.

His researches have been developed in different areas of theoretical and applied economics, and he has addressed topics like growth accounting, the architecture of national accounts, the influence of the imposition in investment behaviour, information technologies and the evaluation of public policies, contributing to improve the theoretical, statistical and econometric tools in economic analysis.

Thesis supervisor of more than seventy doctoral theses and author of more than three hundred scientific papers and thirty-six books, his work has received numerous academic recognitions, such as honorary doctorates by the universities of Upssala, Oslo, Keio, Mannherim, Rome, Stockholm, Hong Kong and Kansai, as well as the John Bates Medal of theAmerican Economic Association.