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The purpose of this paper was to review and report the recent advances and progress that have been achieved on the fourteen year old PFGC equation of state. This paper will also discuss the good (pros) and the bad (cons) of this equation of state. Emphasis will be made on the following categories:A. Prediction of the pure component PVT properties1. Hydrocarbons in particular n-alkanes2. Selecte...

Abstract T he return of capital is fundamental to the intertemporal allocation of resources by changing the consumption behavior and capital accumulation over time. Taxation on return of capital increases the marginal product of capital, meaning that capital stock is lower than when capital is not taxed, which results decreased growth and welfare in steady state. This pape...

Abstract:Oil is undoubtedly the most important, and at the same time, the most politico-economic commodity in today’s world. As the most important source of economic and political power, oil has constantly played a significant role for Iranian governments both before and after the revolution [1979], and has served as a major fuel for their economic power. However, historical experience in...

In the conditions of complex social demands growing in society and new global challenges, main policy modernization public administration system is to involve civil activists administration. Because, without support existing mechanisms control, we will not be able form effective decision-making improving executive functions state. This an important issue development any state, solution which sh...