Talk:Spillover (economics)

Definition
Please someone provides a more accurate definition of Spillover effect by explaining the difference between spillovers and externalities, or if they are synonymous, say so. I will contribute within my grasp. Thank you. -- QuadropheniaG   Talk  14:36, 8 June 2011 (UTC)

QuadropheniaG, please refer the weblink http://glencoe.mheducation.com/sites/0025694212/student_view0/chapter16/origin_of_the_idea.html where it says "Although Henry Sidgwick (1838-1900) first articulated the idea of spillover costs and benefits (externalities), Arthur C. Pigou (1877-1959) receives most of the credit for formalizing the concept." The inference a lay reader receives is that "spillover costs and benefits" is externalities and so spillover effects and externalities are synonyms. — Preceding unsigned comment added by Jhenneyede (talk • contribs) 11:31, 21 July 2017 (UTC)