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Jozef Konings


Jozef Konings

Professor of Economics, PhD in Economics, LSE

Research interests


Subject areas



Jozef Konings obtained his PhD in Economics at the London School of Economics in 1994. His research focuses on firm dynamism, international macroeconomics, and micro drivers affecting macroeconomic fluctuations. To this end, he makes use of ‘big data’ analytics to answer pressing economic questions. He has been involved in numerous research projects from the EU, the OECD, the Asian Development Bank and other international institutions and private firms. Konings has published various papers in leading academic journals, such as the American Economic Review, The Review of Economic Studies, Information Systems Research and the Review of Economics and Statistics. Konings has advised various governments on economic policy. He is a regular guest speaker for private firms, government institutions and Central Banks. He is a research fellow of the Center for Economic Policy Research (CEPR) and the director of the Center for Regional Economic Policy (VIVES).

Amiti, M.; Istkhoki, O. and Konings, J. (2020). “Dominant Currencies: How Firms Choose Currency Invoicing and Why it Matters”, NBER Working Paper 27926, revision requested at Quarterly Journal of Economics.

Dhyne, E.; Konings, J.; Vanormelingen, S. and Van den Bosch, J. (2020). “The Return on Information Technology – Who Benefits Most?” Information Systems Research, forthcoming

Karimov, S. and Konings, J. (2020). “The start-up gap and jobs”, Small Business Economics, forthcoming

Damijan, J.; Konings, J. and Yergubalova, A. (2020). “Increasing Market Power in Slovenia: The Role of diverging trends between Exporters and Non-Exporters”, The World Economy, forthcoming.

M. Amiti, O. Iskhoki and J. Konings (2019). “Cost Shocks, Markups and Domestic Prices”, Review of Economic Studies, Vol. 86, Issue 6, pp. 2356-2403

Konings, J. and Bijnens, G. (2020). “Declining Business Dynamism in Belgium”, Small Business Economics, Vol. 52, pp 1201–1239.
Breemersch, K; Damijan, J. & Konings, J. (2019). “What drives labor market polarization in advanced countries? The role of China and Technology”, Industrial and Corporate Change, Vol. 28, issue 1, pp. 51-77.

Kim, I.K. and Konings, J. (2019). “Wage inequality and Establishment Heterogeneity”, Japan and the World Economy, Vol. 50, pp. 47-55.

Goos, M., Konings, J. and Vandeweyer, M. (2018). “Local High-Tech Job Multipliers in Europe”, Industrial and Corporate Change, Vol. 27, pp. 639-655

Van Biesebroeck, J, Konings, J & Volpe, C.M. (2016). “Did Export Promotion help Firms Weather the Crisis?” Economic Policy, Vol 31, issue 88 October, p 653-702.

Decramer, S., Fuss C., Konings, J. (2016). “How Do Exporters React to Changes in Cost Competitiveness?” World Economy, June

Konings, J., Vandenberghe, V. & Rycx, F. (2016). "(Mis)alignment of Productivity and Wages: Firm-level Evidence", International Journal of Manpower, June

J. Konings, L. Marcolin and I. Van Beveren (2016). “International Rent Sharing and Takeovers”, International Journal of Manpower, June

J. Konings & S.Vanormelingen (2015). “The impact of training on productivity and wages: Firm Level evidence”, Review of Economics and Statistics, May, 97 (2), pp. 485-497

M. Amiti, O. Itskhoki and J. Konings (2014). “Importers, Exporters and Exchange Rate Disconnect”, American Economic Review, July, Vol. 104 (7), pp 1942-78.

F. Abraham, T. Goesaert & J. Konings (2014). “Staying home or moving away? Employment Creation and Destruction within Multinationals”, World Economy, June, pp765-782

J. Damijan, J. Konings and S. Polanec (2014). “Import Churning and Export Performance of Multi-Product Firms”, World Economy, Vol. 37, Issue 11, pp. 1483-1506.

J. Konings & L. Marcolin (2014). “Do wages reflect labor productivity? The case of Belgian regions”, IZA Journal of European Labor Studies, Vol. 3, No.11, pp 1 -21.

J. Konings and H. Vandenbussche (2013) ‘Anti-Dumping Protection hurts Domestic Exporters’, Review of World Economics, vol 149, pp. 295-320.

J. Damijan, J. Konings and S. Polanec (2013). “Why do firms simultaneously engage in two way trade in the same varieties?”, Review of World Economics, Vol. 149, pp.85-112.

B. van Aarle & J. Konings (2013). “Budgetary sustainability in the presence of macroeconomic and financial market instability: an application to the case of Belgium”, Public Budgeting and Finance, Vol 33, nr.4 pp 114-134.

J. Konings & L. Marcolin (2011). “The competitiveness of regions: A comparison between Belgian and German regions”, Review of Business and Economics, Sep.

J. Hutchinson, J. Konings and P.P. Walsh (2010). ‘The Firm Size Distribution and Inter-Industry Diversification’, Review of Industrial Organization, Vol. 37, 65-82.

F. Abraham, J. Konings and V. Slootmaekers (2010).”FDI Spillovers, Firm Heterogeneity and Degree of Ownership: Evidence from Chinese Manufacturing”, Economics of Transition, Vol.18, no 1, pp.143-182.

J. De Loecker, J. Konings, P. Van Cayseele (2009). Merger Review: ‘How much of industry is affected in an international perspective?’, Journal of Industry, Competition and Trade, Vol. 8, No 1, pp. 1-9.

J. Konings and H. Vandenbussche (2008). “Heterogeneous Responses of Firms to Antidumping Protection”, Journal of International Economics, 76, 371-383.

F. Abraham, J. Konings and S. Vanormelingen (2008). “The effect of globalization on union bargaining power and price-cost margins of firms”, Review of World Economics, Vol 145, no 1, p 13-36.

M. Amiti and J. Konings (2007). “Trade Liberalization, Intermediate Inputs and Productivity: Evidence from Indonesia”, American Economic Review, Vol. 97, nr.5, December, pp.1611-1639.

J. De Loecker and J. Konings (2006). “Creative Destruction and Productivity Growth: Evidence from Slovenia, European Journal of Political Economy, Vol. 22, pp. 388-408

J. Konings and A. Murphy (2006). “Do Multinational Enterprises Relocate Employment to Low-Wage Regions? Evidence from European firms”, The Review of World Economics, Vol. 142.

J. Budd, M. Slaughter and J. Konings (2005). “International Rent Sharing in Multinational Firms”, Review of Economics and Statistics, February, Vol. 87 (1), pp. 73-84.

J. Konings, P. Van Cayseele and F. Warzynski (2005). “The Effect of Privatization and Competitive Pressure on Firms’ Market Power: Evidence from Emerging Markets”, Review of Economics and Statistics, February, Vol. 87 (1), pp. 124-134.

J. Konings (2005). “Wage costs and industry (re)location in the enlarged European Union”, Swedish Economic Policy Review, Vol. 12, No 1, pp. 57-82.

J. Konings and H. Vandenbussche (2005). “Does Antidumping Protection Raise Domestic Market Power? Evidence from Firm Level Data”, Journal of International Economics, January

J. Konings and H. Vandenbussche (2004). “The Convergence of Financial Ratios and Soft Budget Constraints: Evidence from a Transition Economy, European Accounting Review, January.

G. Faggio and J. Konings (2003). “Gross Job Flows and Employment Growth in Emerging Market Economies”, Economic Systems, May.

J. Konings, H. Lehmann and O. Kupets (2003). “Gross Job Flows in Ukraine: Size, Ownership and Trade Effects”, Economics of Transition, Vol. 11, April

J. Konings, M. Rizov and H. Vandenbussche (2003). “Investment and Financial Constraints in Transition Economies: Micro Evidence from Poland, the Czech Republic, Bulgaria and Romania”, Economics Letters, Vol.78, pp, 253-258.

J. Konings, H. Vandenbussche and L. Springael (2002),"Import Diversion under European Antidumping Policy", Journal of Industry, Competition and Trade, January

J. Konings and F. Roodhooft (2002). “The Effect of E-Business on Corporate Performance: Firm Level Evidence for Belgium”, De Economist, Vol. 150, No 5, pp. 569-581.

J. Konings and H. Lehmann (2002). “Marshall and Labour Demand in Russia: Going Back to Basics”, Journal of Comparative Economics, Vol.30, pp. 134-159, April

J. Konings (2001). “The Effect of Direct Foreign Investment on Domestic Firms: Evidence from Firm Level Panel Data in Emerging Economies”, Economics of Transition, Vol. 9 (3), November.

J. Konings, H. Vandenbussche and R. Veugelers (2001). "Union Wage Bargaining and European Antidumping Policy", Oxford Economic Papers, Vol. 53, April, pp. 297-317.

J. Konings, P. Van Cayseele, F. Warzynski (2001). “The dynamics of Industrial Markups in Two Small Open Economies: Does National Competition Policy Matter?” International Journal of Industrial Organization, Vol. 19, pp. 841-859.

J. Konings, G. Mommaerts, J. Selderslachts and R. Veugelers (1999). Job creation and job destruction in Flanders: the impact of R&D companies, Economisch en Sociaal Tijdschrift, vol.53, no.1, pp. 79 – 108.

Goos M, Konings J (1999). ‘Firm Growth in Belgium’, Tijdschrift voor Economie en Management, vol. 44, no. 4, pp. 449 – 465.

S. Janssens, J. Konings (1998). "One More Wage Curve: The case of Belgium", Economic Letters

J. Konings, F. Roodhoofd, L. Van De Gucht (1998). “Startenden ondernemingen in Vlaanderen: hun levenscyclus en invloed op jobcreatie en jobdestructie”, Maandschrift Economie, Oktober, pp. 341 – 355.

J. Konings and P. Walsh (2000). "The Impact of Product Market Competition on Employment Determination in Unionised and Non-Unionised Firms: Firm Level Evidence of the UK", The Review of Industrial Organization,

E. Faucompret, J. Konings and H. Vandenbussche (1999). "The Integration of Central and Eastern Europe in the European Union: Trade and Labour Market Adjustment", Journal of World Trade, Vol. 33, No 6.

F. Abraham and J. Konings (1999). "Does the opening of Central and Eastern Europe kill jobs in the West?" World Economy, Vol. 22, No. 4, June, pp. 585-603.

J. Konings and P. Walsh (1999). "Disorganization in the Transition Process: Firm level Evidence from Ukraine", Economics of Transition, Vol. 7, No 1, pp. 29-46.

S. Bojnec and J. Konings (1999). "Job Creation, Job Destruction and Labour Demand in Slovenia", Comparative Economic Studies, Vol. XLI, Summer- Fall, p 135-149.

J. Konings and H. Vandenbussche (1998). "Globalization and the Effects of National versus International Competition on the Labour Market: Theory and Evidence from Belgian Firm Level Data", World Economy, Vol. 21, No. 8, pp. 1151-1177.

V. Bilsen and J. Konings (1998). "Job Creation, Job Destruction and Employment Growth in Newly Established Firms in Transition Countries: Survey evidence from Romania, Bulgaria and Hungary", Journal of Comparative Economics, Vol. 26, September 1998, pp. 429-445, August.

J. Konings and F. Roodhooft (1997). "The Convergence Hypothesis of Financial Ratios", Journal of Business, Finance and Accounting, Vol. 24, No. 9&10, October/December, pp.1331-1342.

J. Konings (1997). "Firm Growth and Ownership in Transition Economies", Economic Letters, September.

J. Konings and F. Roodhooft (1996). "Vendor Selection and Evaluation: An Activity Based Costing Approach", European Journal of Operational Research, 96, pp. 97-102.

J. Konings and F. Roodhooft (1997). "How Elastic is the Demand for Labour in Belgian Enterprises? Evidence from firm level data, 1987-94", De Economist, Vol. 145, July.

J. Konings, H. Lehmann, M. Schaffer (1996). "Job Creation and Job Destruction in a Transition Economy: Ownership, Firm Size, and Gross Job Flows in Polish Manufacturing", Labour Economics, Vol 3, pp. 299-317.

J. Konings (1995). "Gross Job Flows and the Evolution of Establishment Size in the U.K.", Small Business Economics, Vol. 7, June, pp 1-8.

J. Konings and H. Vandenbussche (1995). "The Effect of Foreign Competition on UK Employment and Wages", Review of World Economics, December, pp. 655-672.

J. Konings (1995). "Job Creation and Job Destruction in the U.K. Manufacturing Sector", Oxford Bulletin of Economics and Statistics, Vol. 57, February, pp. 1-20.

J. Konings and W. Nonneman. (1995). Hoe verschillen economen van niet-economen in hun opvattingen over fairness?, Maandschrift Economie, vol. 59, pp. 156 – 175.

J. Konings and P.P. Walsh (1994). "Evidence of Efficiency Wage Payments in U.K. Firm Level Panel Data", The Economic Journal , Vol. 104, May.

international macroeconomics, globalization, big data, business dynamism

Managerial Economics
International Finance