The ¡°Swiftonomics¡± effect ¡ª or the economic impact of Taylor Swift ¡ª on Japan from her four days of shows in Tokyo that kicked off Wednesday is estimated to reach around ?34.1 billion ($230 million), according to a report compiled by the Economic Impact Research Laboratory.
Tickets are sold out for some 220,000 seats for the 34-year-old Grammy award-winning international pop star¡¯s Asia run of The Eras Tour at the Tokyo Dome through Saturday.
One reason for the high economic impact is the ticket price: VIP lounge seats are priced at ?122,800, arena seats at ?30,000, stage side seats at ?14,800 and under-20 tickets at ?8,800.
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