Chain linking
Encyclopedia
Chain linking is a statistical method, defined by the OECD as:
Chain linking is popularly used with GDP/GNP
data, to measure changes over time, giving a Chained volume series
.
Chain linking is popularly used with GDP/GNP
GNP
Gross National Product is the market value of all products and services produced in one year by labor and property supplied by the residents of a country...
data, to measure changes over time, giving a Chained volume series
Chained volume series
A Chained volume series is a series of economic data from successive years, put in real terms by computing the production volume for each year in the prices of the preceding year, and then 'chain linking' the data together to obtain a time-series of production figures from which the effects...
.