I am trying to get an updated (ideally 2016, but at least 201x) picture of the proportion of GDP accounted for by the Regional Ethnic Chinese in Southeast Asian economies. The last estimates of their contributions to GDP I have seen are from the early 2000s. I have done an extensive web search.
Would anyone know of newer data for the region? This could be proportion of GDP accounted for, but also alternative measures such as ownership of businesses or proportion of total accumulated wealth in society.
All the best,
Michael
The impact of ethnic Chinese on GDP is well beyond their share of GDP. Examples : Jakarta and even Paris.
This is not a straightforward exercise, but I suppose you already know this. Talking of ethnic Chinese is fraught with definitional problem. While they remain identifiable racially, in countries like the Philippines, the degree of integration is relatively high. Consequently, intermarriages among racial or ethnic groups are quite common.
An alternative way of framing this question is to look at a number of wealth rankings such as Fortune or Forbes. Admittedly, they have their own limitations. However, they at least give a way of classifying the wealth ranking, and the size of the fortune they are attributed to control or own. This is a more feasible way of analysing the extent of the wealth under their influence or control. You can correlate the ranking with the GDP in one way or another.
Trust this helps.
A partial answer, with many thanks to Pavida Pananond for digging it up:
"Indeed, the Thai-Chinese have made a tremendous contribution to Thailand, particularly in the business world where their approximately 14% of the country’s population (more directly - about fifty ethnic Chinese families) controls 80% to 90% of the overall market capitalization of the country, 90% of its manufacturing section, 50% of the banking and financial services sectors (including the four largest private banks) and about 80% of the companies listed in the Thai stock market (Haley, Haley, & Tan, 2009; Seagrave, 2010; Weidenbaum & Hughes, 1996; Yeung, 2006)." (Franco, 2015, ASEAN Journal of Management & Innovation, 2(2), p. 101)
Does anybody else have a comparable list for any other ASEAN country?
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