竞争者价格 meaning in Chinese

the competition’s prices

The paper incorporate closely the exchange rate pass - through and it ’ s behavior in short term . incomplete exchange rate pass - through is an important assumption of exchange rate overshooting and exchange rate overshooting is the background of our disscuss on the degree of exchange rate pass - through . the paper has following conclusion : 1 . the main determination of the degree of exchange rate pass - through : the exchange rate elasticity of marginal cost , the sensitivity of mark - up ratio to exporting price , pricing game between the competitior , enterprice innovation and it ’ s efficiecy , mecu cost , sunk cost . 2 . there are distinct differences of degree of exchange rate pass - through among industries
本文将汇率的传递弹性与汇率的波动行为紧密结合,汇率的不完全传递是汇率短期超调行为的重要前提假设,而汇率的波动行为又是本文探讨汇率传递弹性的研究背景,主要的结论有: 1 、汇率传递弹性的主要决定因素有:厂商边际成本的汇率弹性和成本加成率对出口价格的敏感度、同一市场不同竞争者价格的博弈行为、企业创新投入及其创新效率、菜单成本(价格调整成本) 、沉淀成本(退出市场的机会成本) 。