Chain Linking
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Chain linking is a statistical method, defined by the
Organisation for Economic Co-operation and Development The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organization, intergovernmental organisation with 38 member countries ...
as: Chain linking is popularly used with
gross domestic product Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjec ...
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gross national income The gross national income (GNI), previously known as gross national product (GNP), is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product ( GDP), plus factor incomes earned by foreig ...
data, to measure changes over time, giving a
chained volume series A chained volume series is a series of economic data (such as GDP, GNP or similar kinds of data) from successive years, put in real (or constant, i.e. inflation- and deflation-adjusted) terms by computing the production volume for each year in the ...
.United States, Bureau of Economic Analysis
''Concepts and methods of the United States National Income and Production Accounts''
July 2008. Chapter 4, pages 11 - 23 contains much information on the chain linking method, including mathematical principles.


References

Index numbers Time series {{statistics-stub