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In this paper, we estimate the size and the evolution of the Romanian shadow economy in the period 1998Q1-2008Q4, using a vector error correction model. A special attention it was given to the problem of non-stationarity and cointegration. The results ind

In this paper the main factors that influence the innovative projects in the field of textiles, wearing apparel, leather and related products were identified and analyzed. Eleven potential factors influencing innovative projects have been considered and the correlation analysis has identified the two factors that have a major influence on innovative projects in the field: volume index of production in European Union for NACE codes 13-15 and exports value for textiles, wearing apparel, leather and related products. The research has shown that the scale of innovative projects in textiles, clothing, leather and related products depends on European Union production and on global demand.