Dataset:   Dimensions: ( OEU.ULQBBU....... )    
Main Economic Indicators   Country: OECD - Europe, Subject: Unit Labour Costs > Quarterly benchmarked series > Benchmarked unit labour costs   Version française

Manipulation
Aggregation and consolidation
These zones aggregations are annually chain-linked Laspeyres indices. The weights for each yearly link are based on the previous year's gross value added in current prices adjusted by GDP purchasing power parity.

For further reading see:
General MEI zone aggregation methodology -
http://www.oecd.org/document/56/0,3343,en_2649_201185_2073848_1_1_1_1,00.html

MEI feature article on zone aggregation - 
http://www.oecd.org/dataoecd/1/21/39746430.pdf

Unit Labour Cost working paper including detailed zone aggregation methodology -
http://miranda.sourceoecd.org/vl=225729/cl=28/nw=1/rpsv/workingpapers/18152031.htm




Related Metadata:
All Higher Levels
Quarterly Unit Labour Costs
Country: OECD - Europe
Main Economic Indicators