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Structural changes, market growth and productivity gains of the US real estate investment trusts in the 1990s

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  • John Topuz

    ()

  • Ihsan Isik

    ()

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File URL: http://hdl.handle.net/10.1007/s12197-008-9026-6
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Bibliographic Info

Article provided by Springer in its journal Journal of Economics and Finance.

Volume (Year): 33 (2009)
Issue (Month): 3 (July)
Pages: 288-315

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Handle: RePEc:spr:jecfin:v:33:y:2009:i:3:p:288-315

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Web page: http://link.springer.de/link/service/journals/120857/index.htm

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Related research

Keywords: REITs; Real Estate; Productivity; Efficiency; Technology; Malmquist Index; DEA; C67; D24; G23; L11;

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References

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  1. Ihsan Isik & M. Kabir Hassan, 2003. "Efficiency, Ownership and Market Structure, Corporate Control and Governance in the Turkish Banking Industry," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 30(9-10), pages 1363-1421.
  2. Miller, Stephen M. & Noulas, Athanasios G., 1996. "The technical efficiency of large bank production," Journal of Banking & Finance, Elsevier, vol. 20(3), pages 495-509, April.
  3. Oulton,Nicholas & O'Mahony,Mary, 1994. "Productivity and Growth," Cambridge Books, Cambridge University Press, number 9780521453455, October.
  4. Aly, Hassan Y, et al, 1990. "Technical, Scale, and Allocative Efficiencies in U.S. Banking: An Empirical Investigation," The Review of Economics and Statistics, MIT Press, vol. 72(2), pages 211-18, May.
  5. Brent W. Ambrose & Steven R. Ehrlich & William T. Hughes & Susan M. Wachter, 1998. "REIT Economies of Scale: Fact or Fiction?," Zell/Lurie Center Working Papers 313, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania.
  6. John S. Howe & James D. Shilling, 1990. "REIT Advisor Performance," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 18(4), pages 479-500.
  7. Martina Bers & Thomas M. Springer, 1997. "Economies of Scale for Real Estate Investment Trusts," Journal of Real Estate Research, American Real Estate Society, vol. 14(3), pages 275-290.
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