A New Jobs Data Tool : Introducing BuDDy--A Business Diagnostics and Dynamics Tool

Abstract

The Business Diagnostics and Dynamics Tool (BuDDy) tool uses formal sector business data that governments already collect to analyze patterns and trends in employment and diagnose constraints to growth and job creation. BuDDy gives governments the understanding of business dynamics needed to develop policies that help businesses create jobs. BuDDy quickly and robustly identifies the types of firms that are growing, hiring, investing, raising productivity, and raising real wages, and does this at the national or regional level, or by product. BuDDy is simple and adaptable; it has been developed with varying data sets, and can been linked to spatial information, trade data, and household data sets.