"... In PAGE 10: ...olombia. This suggests that large and small foreign banks might behave differently in some countries. If lending to small businesses grows at a slower pace than other types of lending it is possible that the share of lending to this sector could be dropping, while the growth rate of the level could still be positive. Thus, to distinguish between the behavior of the share and the level of small business lending, Table2 present tests of differences in mean growth rates of small business lending across domestic and foreign banks for all four countries. Table 2 shows that in Argentina, Chile, and Colombia, the annual small business lending growth is lower for foreign banks relative to domestic banks.... In PAGE 10: ... Thus, to distinguish between the behavior of the share and the level of small business lending, Table 2 present tests of differences in mean growth rates of small business lending across domestic and foreign banks for all four countries. Table2 shows that in Argentina, Chile, and Colombia, the annual small business lending growth is lower for foreign banks relative to domestic banks. For Argentina and Colombia, this result is coming from the behavior of small foreign banks, since the large foreign banks seem to outperform the large domestic banks.... ..."

"... In PAGE 17: ...16 C. Growth rate regressions Table5 includes regressions with the annual growth of small business lending as the dependent variable. 13 As noted previously, although dummy variables in the growth regressions might have a similar interpretation to the trend variables in the share regressions, their coefficients could differ.... In PAGE 35: ...34 -70% -60% -50% -40% -30% -20% -10% 0% 10% 20% 30% 40% 0 1000 2000 3000 4000 5000 6000 7000 8000 9000 (millions of pesos) Domestically Owned Banks Foreign-owned Banks Figure 8: Estimated growth of lending to small businesses by bank size for foreign and domestic banks in Argentina. Note: Estimated growth rates use coefficients from Table5 and are calculated using the median values of continuous variables for banks of that type. Calculations are only performed for bank sizes between (approximately) the 5th and 95th percentiles for banks of that type.... In PAGE 35: ... -15% -10% -5% 0% 5% 10% 15% 20% 0 500 1000 1500 2000 2500 3000 3500 4000 4500 5000 5500 (billions of pesos) Domestic Foreign Figure 9: Estimated growth of lending to small businesses by bank size for foreign and domestic banks in Chile. Note: Estimated growth rates use coefficients from Table5 and are calculated using the median values of continuous variables for banks of that type. Calculations are only performed for bank sizes between (approximately) the 5th and 95th percentiles for banks of ... In PAGE 37: ... 0.20 and F (2,161) = 0.14). 15 The only specifications in Table5 that offer no such evidence are the ones for Argentina and Colombia that omit ... ..."

"... In PAGE 6: ... Table2 . Telephone Outage Impact Factors Identified by Businesses The survey results are informative, but not entirely satisfactory.... ..."

"... In PAGE 3: ... Given the significant differences identified between MSBs with regard to use of a computer, frequency of use and connection to the Internet, it might be expected that similar differences would be evident with regard to perceived importance of the Internet for future of the business. Table2 indicates differences based on size of the business, but these are not strong (none of the differences was significant in contingency tests). Whether it is all... In PAGE 4: ... It could be that micro businesses recognise the marketing and business opportunities presented by the Internet, but many have yet to establish the capability to take up those opportunities. It is also interesting to note from Table2 that, across all sample groups, there is a relatively high proportion of businesses that do not perceive business importance of the Internet. At the same time, businesses connected to the Internet are more likely to perceive it to be important for the future of the business (70%) than is the total sample (56%).... ..."