spillover

Thân thiện

Government spending on infrastructure has a positive spillover effect on local businesses.

Definition

Noun: 1. An indirect or unintended consequence, effect, or result of an action, event, or situation, often extending beyond its original scope or boundaries. This is the general meaning. 2. Specifically in economics: an indirect economic effect of public expenditure, investment, or activity on sectors, regions, or groups not directly targeted. This effect can be positive (beneficial) or negative (detrimental).

Usage and Examples

• General Use (Indirect Consequence):

  • The conflict created a humanitarian spillover into neighboring countries.
  • There was a significant spillover of excitement from the championship game throughout the entire town.

• Economic Use (Effect of Public Expenditure):

  • The new highway project had a positive spillover by increasing property values in nearby towns.
  • Government investment in renewable energy research creates technological spillovers for the private sector.
  • Economists study the spillover effects of a large factory closing on local small businesses.

Advanced Usage and Notes

• The term is often used in the plural form "spillover effects" to emphasize multiple indirect consequences.
• It is commonly found in discussions about economics, finance, policy, conflict, and environmental issues.
• Conceptual Use: The word evokes the image of a liquid overflowing its container, metaphorically representing effects "overflowing" from one area into another.

Variants and Related Words

• Spill over (verb phrase): To overflow or spread from one area into another.
  • The protest began in the square and spilled over into the surrounding streets.
• Spillover benefit (noun phrase): A positive indirect effect, synonymous with a positive externality in economics.
• Spillover cost (noun phrase): A negative indirect effect, synonymous with a negative externality in economics.

Synonyms

• Ripple effect
• Knock-on effect
• Secondary effect
• Externality (specific economic synonym)
• Overflow (metaphorical)

Antonyms

• Direct effect
• Primary impact
• Contained consequence

Common Collocations and Phrases

• Positive/Negative spillover
• Spillover effects
• Spillover into [an area/sector]
• Economic spillover
• Regional spillover
• Knowledge spillover (in economics and innovation studies)
• Experience spillover

Học thuật

Noun

1. (economics) any indirect effect of public expenditure