Enhancing the Efficiency of the Infant Mortgage Finance Sector in Post-Revolution Egypt [electronic resource]
Language: English Series: RICS ResearchPublication details: London, RICS, 2012Description: 32pSubject(s): Online resources: Summary: This study utilises a three-stage empirical model to gauge the level of efficiency scores with the aim of identifying the sources of mortgage firms’ inefficiency. A field survey is piloted in the first stage of the model in order to detect the obstacles encountered by mortgage firms. In the second and third stages the efficacy of the nine mortgage firms is compared to that of their counterparts in emerging market economies (EMEs) using parametric and non-parametric approaches, namely the stochastic frontier analysis (SFA) and Data Envelopment Analysis (DEA). The sample comprises of 104 mortgage firms/banks from 22 EMEs in Asia, transition economies, Latin America, Africa, and the Middle East and North Africa (MENA). The period of the study extends from January 2004 till June 2012| Item type | Current library | Status | |
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| Online material | Virtual Online | Available |
This study utilises a three-stage empirical model to gauge
the level of efficiency scores with the aim of identifying the
sources of mortgage firms’ inefficiency. A field survey is
piloted in the first stage of the model in order to detect the
obstacles encountered by mortgage firms. In the second
and third stages the efficacy of the nine mortgage firms is
compared to that of their counterparts in emerging market
economies (EMEs) using parametric and non-parametric
approaches, namely the stochastic frontier analysis (SFA)
and Data Envelopment Analysis (DEA). The sample
comprises of 104 mortgage firms/banks from 22 EMEs
in Asia, transition economies, Latin America, Africa, and
the Middle East and North Africa (MENA). The period of
the study extends from January 2004 till June 2012