Spillover effect

From Wikipedia, the free encyclopedia

This article is about the economic term. For spillover effect in imaging, see Spillover (imaging).

Spillover effects are externalities of economic activity or processes that affect those who are not directly involved. Odours from a rendering plant are negative spillover effects upon its neighbours; the beauty of a homeowner's flower garden is a positive spillover effect upon neighbours.

In the same way, the economic benefits of increased trade are the spillover 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)

In reference to psychology, the spillover effect is when one's emotions affect the way one perceives other events. For example "arousal from a soccer match can fuel anger, which can descend into rioting or other violent confrontations" (Exploring Psychology Eighth Edition in Modules, David G. Myers, 2010) An effect of one person on another is also referred to as crossover effect. (See also: emotional contagion, partner effects)

In the context of work-life balance, spillover refers to positive or negative effects of an individual's working life on their personal life or family life and vice versa. Examples are work-family enrichment and work-family conflict.

Spillover effects are those variables in every economy that cannot be adjusted by a single policy monitored by the government.

The term "spillover effects" when used in Media refers to the reinforcement of a conflict. The news event mobilizes groups that identify with parties of the conflict, and magnifies the event globally.

References

v t e Economics

Macroeconomics	Adaptive expectations Aggregate demand Balance of payments Business cycle Capacity utilization Capital flight Central bank Consumer confidence Currency Demand shock DSGE Economic growth Economic indicator Effective demand General Theory of Keynes Great Depression Hyperinflation Inflation Interest Interest rate Investment IS–LM model Microfoundations Monetary policy Money NAIRU National accounts PPP Rate of profit Rational expectations Recession Saving Stagflation Supply shock Unemployment Macroeconomics publications

Microeconomics	Aggregation problem Budget set Consumer choice Convexity Cost–benefit analysis Deadweight loss Distribution Duopoly Economic equilibrium Economic shortage Economic surplus Economies of scale Economies of scope Elasticity Expected utility hypothesis Externality General equilibrium theory Indifference curve Intertemporal choice Marginal cost Market failure Market structure Monopoly Monopsony Non-convexity Oligopoly Opportunity cost Preference Production set Profit Public good Returns to scale Risk aversion Scarcity Social choice theory Sunk costs Supply and demand Theory of the firm Trade Uncertainty Utility Microeconomics publications

Sub-disciplines	Behavioral Development Economic sociology Environmental Experimental Family Financial Geography Industrial organization Information Institutional International Labour Law and economics Macroeconomics Microeconomics Political economy Public finance Welfare

Methodology	Computational economics Econometrics Economic data Experimental economics Heterodox economics Mainstream economics Mathematical economics Normative economics Positive economics Methodological publications

History of economic thought	Ancient economic thought Austrian School Chicago school of economics Classical economics Feminist economics Institutional economics Keynesian economics Marxian economics Neoclassical economics

Notable economists and thinkers within economics	Kenneth Arrow Francis Ysidro Edgeworth Milton Friedman Ragnar Frisch Friedrich Hayek Harold Hotelling John Maynard Keynes Tjalling Koopmans Paul Krugman Jacob Marschak Alfred Marshall Karl Marx John von Neumann Vilfredo Pareto David Ricardo Paul Samuelson Joseph Schumpeter Amartya Sen Herbert A. Simon Adam Smith Robert Solow Léon Walras more

International organizations	Asia-Pacific Economic Cooperation Economic Cooperation Organization European Free Trade Association International Monetary Fund Organisation for Economic Co-operation and Development World Bank World Trade Organization

Category Index Lists Outline Publications Business and economics portal

This article is issued from Wikipedia. The text is available under the Creative Commons Attribution/Share Alike; additional terms may apply for the media files.