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What does encadenamiento mean in Spanish?

What's the meaning of the Spanish word encadenamiento? Here's a list of translations and example phrases.

English Translations
Phrases in Context
Al tratarse de un indicador trimestral, el periodo utilizado para el encadenamiento es el cuarto trimestre de cada año.
Since it is a quarterly indicator, the period used for the chain is the fourth quarter of each year.
La política europea de los Habsburgo, y la afirmación de Felipe II «prefiero perder mis estados a gobernar sobre herejes» no sólo fue un desangrarse sin sentido en beneficio de la fe católica, sino un encadenamiento de respuestas tácticas y estratégicas que entran dentro de la lógica imperial.
The European policy of the Habsburgs, and the statement of Philip II "I prefer to lose my states to rule over heretics" was not only a meaningless bled for the benefit of the Catholic faith, but a chain of tactical and strategic responses that fall within the imperial logic.
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