economic implication for

USAGE SUMMARY

The phrase "economic implication for" is correct and usable in written English.
It can be used when discussing the potential effects or consequences of an economic event or policy on a specific subject or group. Example: "The economic implication for small businesses following the new tax reform is significant, as many may struggle to adapt to the changes."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

Rail is key to moving freight around as well as passengers, so there is a wider economic implication for track failure from flooding or collapse.

BBC

Aflatoxin contamination of agricultural commodities poses considerable risk to human and livestock health and has a significant economic implication for the agricultural industry worldwide Richard and Payne (2003).

International Journal of Food Contamination

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

The issue has major economic implications for China and for global energy markets.

The New York Times

Any cuts would have far reaching cultural, social and economic implications for the UK".

Independent

George Steinbrenner is in a constant state of fuming over the new labor agreement and its economic implications for the Yankees.

The New York Times - Sports

In November Jonathan Portes of the NIESR re-opened the debate with a commentary paper titled 'The economic implications for the UK of leaving the European Union'.

The Guardian

Dubai's failure has economic implications for Abu Dhabi too, so any help will not be entirely free of this consideration.

The Guardian - Opinion

"Just consider the social and economic implications for doing that in a major coastal city – I cannot recall the last time any provincial government did that".

The Guardian

This poses grave economic implications for Israel — most Haredi men prefer full-time Torah study to work — and for the state in its current form.

The New York Times

By contrast, most British economic indicators, from interest rates to unemployment, show a marked divergence from continental Europe, and there are much broader economic implications for Britain's economy than there were in Denmark's case.

The New York Times

The outcome was, of course, important for its political and economic implications for the island, split from the mainland since Chiang Kai-shek led his KMT regime there after crashing to defeat in the Chinese civil war in 1949.

The Guardian - Opinion

Expert writing Tips

Best practice

When using "economic implication for", ensure you clearly define the subject or area that is being affected. For example, "the economic implication for small businesses" provides more clarity than simply "the economic implication".

Common error

Avoid using "economic implication for" without specifying who or what is affected. Saying "this has economic implications" is vague. Instead, specify "this has economic implications for local communities."

Linguistic Context

The phrase "economic implication for" functions as a noun phrase acting as a prepositional complement, often following verbs like 'have', 'pose', or 'consider'. It serves to introduce the idea of economic consequences affecting a particular entity or area, as validated by Ludwig.

Expression frequency: Uncommon

Frequent in

News & Media

50%

Science

50%

Formal & Business

0%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, the phrase "economic implication for" is a grammatically correct and usable expression used to denote the economic consequences or effects on a specific subject or area. As confirmed by Ludwig, it's appropriate for various contexts, particularly in news, science, and formal business settings. The phrase is relatively uncommon, and it's crucial to clearly define what or who is being affected to avoid vagueness. Alternatives such as "economic impact on" or "economic consequence for" can be used depending on the specific nuance you wish to convey. The expert rating reflects the phrase's correctness, the authority of its sources, and its consistent usage, making it a reliable expression in formal communication.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

economic consequence for

Replaces 'implication' with 'consequence', focusing on the result or effect.

economic impact on

Changes the preposition and noun to focus on the effect on something.

economic effect on

Uses 'effect' instead of 'implication', indicating a direct change.

financial consequence for

Substitutes 'economic' with 'financial', narrowing the scope to monetary aspects.

financial impact on

Combines 'financial' with 'impact', emphasizing the monetary effect.

cost implication for

Focuses specifically on the cost-related aspect of the implication.

economic ramifications for

Replaces 'implication' with 'ramifications', suggesting broader and more complex consequences.

fiscal consequence for

Uses 'fiscal' to specifically denote consequences related to government finances.

budgetary implication for

Highlights the impact on budgets and financial planning.

commercial impact on

Focuses on the effect on commercial activities and businesses.

FAQs

How can I use "economic implication for" in a sentence?

You can use "economic implication for" to discuss the potential economic consequences of a specific event or policy. For example, "The new trade agreement has significant "economic implication for" the agricultural sector".

What is a good substitute for "economic implication for"?

Alternatives include "economic impact on", "economic consequence for", or "financial ramifications for", depending on the specific nuance you want to convey.

Is it better to say "economic impact on" or "economic implication for"?

Both phrases are correct, but "economic impact on" often suggests a more direct and measurable effect, while ""economic implication for"" can refer to broader, more indirect consequences.

What are the "economic implication for" businesses of increased regulation?

Increased regulation can lead to higher compliance costs, potentially reducing profitability and competitiveness. However, it might also create a more stable and predictable market environment in the long run, leading to sustained growth. The specific "economic implication for" each business will depend on its ability to adapt and innovate.