In economics a spillover is an economic event in one context that occurs because of something ... See also[edit]. Carbon leakage, in climate policy · Indirect land use change impacts of biofuels, in climate policy · Knowledge spillover ...Spillover(economics)FromWikipedia,thefreeencyclopediaJumptonavigationJumptosearchThisarticleneedsadditionalcitationsforverification.Pleasehelpimprovethisarticlebyaddingcitationstoreliablesources.Unsourcedmaterialmaybechallengedandremoved.Findsources: "Spillover" economics – news ·newspapers ·books ·scholar ·JSTOR(May2017)(Learnhowandwhentoremovethistemplatemessage)Ineconomicsaspilloverisaneconomiceventinonecontextthatoccursbecauseofsomethingelseinaseeminglyunrelatedcontext.Forexample,externalitiesofeconomicactivityarenon-monetaryspillovereffectsuponnon-participants.Odorsfromarenderingplantarenegativespillovereffectsuponitsneighbors;thebeautyofahomeowner'sflowergardenisapositivespillovereffectuponneighbors.Inthesameway,theeconomicbenefitsofincreasedtradearethespillovereffectsanticipatedintheformationofmultilateralalliancesofmanyoftheregionalnationstates:e.g.SAARC(SouthAsianAssociationforRegionalCooperation),ASEAN(AssociationofSouthEastAsianNations).Inaneconomyinwhichsomemarketsfailtoclear,suchfailurecaninfluencethedemandorsupplybehaviorofaffectedparticipantsinothermarkets,causingtheireffectivedemandoreffectivesupplytodifferfromtheirnotional(unconstrained)demandorsupply.Anotherkindofspilloverisgeneratedbyinformation.Forexample,whenmoreinformationaboutsomeonegeneratesmoreinformationaboutpeoplerelatedtoher,andthatinformationhelpstoeliminateasymmetriesininformation,thenthespillovereffectsarepositive(thisissuehasbeenfoundconstantlyintheeconomicsandfinanceliterature,seeforinstancethecaseoflocalbankingmarkets[1]).Seealso[edit]Carbonleakage,inclimatepolicyIndirectlandusechangeimpactsofbiofuels,inclimatepolicyKnowledgespilloverReferences[edit]^Garmaise,M.&G.Natividad(2016)."SpilloversinLocalBankingMarkets".TheReviewofCorporateFinanceStudies.