Comment on John Kay’s Paper
A. Patrick Minford
A chapter in Monetarism in the United Kingdom, 1984, pp 205-210 from Palgrave Macmillan
Abstract:
Abstract John Kay’s work on North Sea oil has rightly been widely read and influential; his presentation of it too has been persuasive. My comments on it are essentially on matters of degree and empirical magnitudes, though they stem also from a disagreement about detailed methods.
Keywords: Current Account; Real Exchange Rate; Relative Price; Supply Curve; World Capital Market (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06284-3_14
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DOI: 10.1007/978-1-349-06284-3_14
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