1.
economic effect; economic impact; economic benefit
The measurable influence that an event, policy, or project has on the economy, typically expressed in monetary terms.
オリンピックの経済効果は大きい。
The economic impact of the Olympics is enormous.
新しい駅の開業による経済効果は数十億円と試算された。
The economic effect of the new station opening was estimated at tens of billions of yen.
観光による経済効果を高めるために、地域を挙げてイベントを企画した。
To boost the economic impact of tourism, the entire region planned events together.
A compound of 経済 (economy) + 効果 (effect). Very common in news and policy discussions, often used to quantify the financial benefit of major events, infrastructure projects, or government policies. Japanese media frequently report 経済効果 figures for things like the World Cup, cherry blossom season, or new bullet train routes.
COMMON COLLOCATIONS:
- 経済効果が大きい: the economic effect is significant
- 経済効果を見込む: to expect economic benefits
- 経済効果を試算する: to estimate the economic impact
- 経済効果を高める: to boost the economic effect
- 波及経済効果: ripple economic effect
SIMILAR WORDS:
- 経済的影響: economic influence (more neutral; can be negative or positive)
- 景気効果: business stimulus effect (focuses on stimulating the economy)
- 費用対効果: cost-effectiveness (ratio of cost to benefit)