المجلد 12 سنة 2022

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Browsing المجلد 12 سنة 2022 by Author "Bentouir, Naima"

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    Alternative method to predict the Break-Even oil price for Financial Sustainability Goals: Evidence from Algeria under Black-Scholes model
    (University of Batna 1, 2022-12-31) Bentouir, Naima; Bendob, Ali
    We aimed to sort-out an alternative method to predict the Break-even oil price using the benchmark model Black-Sholes. The investigation based on daily oil prices data covering the period of 02/01/2013 to 21/09/2020. The main results highlighted a significant and strong correlation between the fiscal breakeven prices based on the Black-Scholes model and the external breakeven price, with a weak correlation with the IMF’s fiscal breakeven prices, which means that the Black-Scholes model is outperforming to predict the fiscal oil prices in comparison with the IMF method. The findings also indicated a negative correlation between the B-S and the reference prices indicated in Algeria's public budget.