Chain linking explained

Chain linking is a statistical method, defined by the Organisation for Economic Co-operation and Development as:

Chain linking is popularly used with gross domestic product/gross national income data, to measure changes over time, giving a chained volume series.^[1]

Notes and References

1. 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.