Microfinance Institutions’ Efficiency in the MENA Region: a Bootstrap-DEA approach

摘要

The purpose of this study is to evaluate the performance of microfinance institutions in The MENA region over the period 2006-2009. Following Simar and Wilson (1998, 2000) we use a DEA-Bootstrapping methodology to drift appropriate measures of DEA efficiency scores. The estimated results show that average efficiency of the most countries in the region has decreased over the period under study. Results also reveal that efficiency significantly differs by legal status of the microfinance institutions.