Abstract:This research paper aims to examine the impact of fiscal policy on Cambodia's economic growth. More than that, this research also figures out fiscal stance on whether fiscal policy in Cambodia is contractionary or expansionary to stimulate the economy over the past two decades. Due to the limited observation, from 1994 through 2019, a totally of 26 years, this study employs Bayesian inference based on Bayesian Model Averaging (BMA) and Markov Chain Monte Carlo (MCMC) which uses Gibb Sampling to approximate pos… Show more
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