本文擬將Turnovsky and Fisher(1995)的總體模型延伸為一投資具調整成本且探討資本完全移動的小型開放經濟模型，政府對消費性及投資性支出的分配變動將導致經濟體系呈現何種型態的影響。本研究得到如下結論：
在勞動內生的架構下，若私人消費與政府消費性支出相互獨立，而且政府投資性支出與私部門要素投入間係獨立的情況，則政府消費性支出比例增加會導致國外債券的影子價格上升、私人消費會減少、資本存量會增加、勞動量會增加且國外債券存量則會減少，這和Turnovsky(1997)的結論相符合。但放寬上述假設後，則Turnovsky(1997)的結論可能不會成立。
在勞動外生固定的架構下，資本存量與經常帳會不會發生調整決定於政府投資性支出與私部門資本投入的關係而定。

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第一章 緒論　　　　　　　　　　　　　　　　　　　　　　　　　　　　1
第二章 模型架構　　　　　　　　　　　　　　　　　　　　　　　　　　3
　　註釋 7
第三章 模型的長期均衡關係與動態特質 8
　　註釋 14
第四章 未預料到恆常性政府消費性支出比例增加效果 15
第一節　　總體經濟變數之明確動態時徑求解 　 15
第二節　　政府消費性支出比例增加之動態效果 　 17
　　　　註釋　　　　　　　　　　　　　　　　　　　　　　　　　 37
第五章 勞動外生模型　　　　　　　　　　　　　　　　　　　　　　　 38
　第一節 模型設定　　　　　　　　　　　　　　　　　　　　　　　 38第二節　　長期均衡關係與動態特質分析　　　　　　　　　　　　　　 40
　第三節 未預料到恆常性政府消費性支出比例增加效果 44
註釋　　　　　　　　　　　　　　　　　　　　　　　　　 61
第六章 結論　　　　　　　　　　　　　　　　　　　　　　　　　　　 62
參考文獻 64

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