Although there are positive spillover effects, the term is most commonly applied to the negative impact a domestic event has on other parts of the world such as an earthquake, stock market crisis, or another macro event.
What are examples of spillover effect?
Spillover Effect refers to the tendency of one person's emotion to affect how other people around them feel. For example, the teacher received a phone call that his wife was pregnant with a much-awaited baby.
What is an example of spillover in the environment?
Negative Spillovers
Its occurrence in the environment elevates unwanted social, political, and economic behaviors. An example is when an industrial plant releases smoke, carbon dioxide gas (CO2), oil, wastewater, and other harmful waste materials into the atmosphere.