The present invention relates to a method for conducting interlayer motion prediction in encoding or decoding of video signal. The present method sets motion information of an intra-mode macro block of a base layer with motion information of an inter-mode macro block that is vertically adjacent to the intra-mode macro block, derives motion information of a pair of macro blocks adjacent vertically each other from the two macro blocks, and uses the pair of macro blocks in inter-layer motion prediction.