Emara, Noha; El Said, Ayah - 2021
Using dynamic panel System GMM for 24 EMs over the period 1990-2014, we analyze how changes in sovereign ratings affect … FDI inflows to EMs. The study also estimates the contagion effect of a ratings change among any of the BRICS countries on … the BRICS countries as a bloc exert a statistically significant contagion impact on the FDI inflows into the three regions …