Literature review on spillover effects
From: Mike S.
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In economics a spillover is an economic event in one context that occurs because of something else in a seemingly unrelated context. For example, externalities of economic activity are non-monetary spillover effects upon non-participants. 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 spillover effects anticipated in the formation of multilateral alliances of many of the regional nation states: e. In an economy in which some markets fail to clear, such failure can influence the demand or supply behavior of affected participants in other markets, causing their effective demand or effective supply to differ from their notional unconstrained demand or supply. Another kind of spillover is generated by information.
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Effects of pay for performance in health care: a systematic review of systematic reviews
Spillover (economics) - Wikipedia
Metrics details. MoM implant and explantation data were extracted from the England and Wales National Joint Registry and peer-reviewed publications. Data trends for all products were compared with historical recall or withdrawal events and discussed in the context of public perceptions following such events. We found that common factors altered public risk perceptions and patterns of continued use. First, a negative halo effect may be driven by continuing patient anxiety despite positive clinical outcomes. Second, negative reports about one product can spill over to affect the use of dissimilar products in the same category. Third, a negative halo effect on an entire category of medical devices can be sustained regardless of the scientific findings pertaining to safety.
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Robert A. Miller, Lambie-Hanson, Lauren, Mortgage distress and property maintenance ," Journal of Urban Economics , Elsevier, vol.
When quantifying spillover effects among technologies and between science and technology one faces the problem that clear-cut measurement procedures are difficult to define and to validate. The well-known approach by indexing certain outputs patent documents grasps only parts of the complex and feedback innovation-oriented processes. However, recently, new promising lines of research for understanding technological externalities have been embarked upon.