Study Estimates Over $6.7 Billion Loss From Cancelation of Japanese Marathons

A study released Sept. 27 by Katsuhiro Miyamoto, professor emeritus of theoretical economics at Kansai University, estimated that the cancelation or postponement of 460 marathons and road races in Japan from the fall of 2020 through the spring of 2021 due to the ongoing coronavirus crisis would result in an estimated economic loss of 710 billion yen [$6.74 billion USD].

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