Data Envelopment Analysis on Performance of Real Estate Regulation 2003-2009

Abstract

In view of the special characteristics of the real estate industry and its impacts on the macro-economy, the real estate market has become the key economic field of government intervention. However, the academic circle has controversy on the policy effect of real estate regulation over the past few years. This paper adopts the DEA model to value the effect of real estate regulation 2003-2009, makes the conclusion that the real estate regulation was relatively effective in the first half of 2009, 2005 and 2003, the second half of year 2006, 2004 and 2003, the whole year of 2008 was effective, while other periods was weak effective to a certain extent, The best year of regulation performance was in the first half of year 2009 and the whole year of 2008, while the worst year of regulation effect was in 2007.