The effect by which an event or change spreads outward and influences other people, sectors, or areas (a ripple or spillover effect), often used in economic, social, or technical contexts.
その新しい補助金制度は地方経済に波及効果をもたらした。
That new subsidy program produced spillover effects on the local economy.
自然災害の被害は、一地域だけでなく供給網を通じて全国に波及効果を及ぼすことがある。
Damage from a natural disaster can have ripple effects nationwide through supply chains, not just in the affected area.
新技術の導入が企業の生産性向上という直接効果にとどまらず、業界全体に波及効果を引き起こした。
The introduction of the new technology caused not only direct gains in the company's productivity but also ripple effects across the entire industry.