Spillover effect


Spillover effect

Spillover effects are externalities of economic activity or process upon those who are not directly involved in it. Odors from a rendering plant are negative spillover effects upon its neighbors; the beauty of a homeowner's flower garden is a positive spillover effect upon neighbors.

In the same way, the economic benefits of increased trade are the spill over effects anticipated in the formation of multilateral alliances of many of the regional nation states: e.g SARC (South Asian Regional Cooperation), ASEAN (Association of South East Asian Nations)

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  • spillover — spill|o|ver [ˈspılouvə US ouvər] n [U and C] the effect that one situation or problem has on another situation ▪ Not all of the violence in Miami was spillover from the trial. spillover effect/benefit/cost ▪ The weak European economy will have a… …   Dictionary of contemporary English

  • spillover — [[t]spɪ̱loʊvə(r)[/t]] spillovers N COUNT: usu with supp A spillover is a situation or feeling that starts in one place but then begins to happen or have an effect somewhere else. The army is taking precautions against any possible spillover as… …   English dictionary

  • effect — {{Roman}}I.{{/Roman}} noun 1 change that is caused by sth ADJECTIVE ▪ decisive, dramatic, far reaching, important, marked, powerful, profound, pronounced, significant …   Collocations dictionary

  • spillover — UK [ˈspɪlˌəʊvə(r)] / US [ˈspɪlˌoʊvər] noun [countable] Word forms spillover : singular spillover plural spillovers an effect that spreads more than people expected or intended …   English dictionary

  • spillover — noun That which overflows, the excess or side effect. The spillover from the dam due to the heavy rains will run down this channel and harmlessly dump into that river, we hope …   Wiktionary

  • spillover — noun Spillover is used before these nouns: ↑effect …   Collocations dictionary

  • spillover — spill|o|ver [ spıl,ouvər ] noun count an effect that spreads more than people expected or intended …   Usage of the words and phrases in modern English

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