that up to 60% of the variance in both simulated and observed yields is attributable to weather variation. Majority of the … that show yields to be more weather-sensitive than in the observational record over the predominant range of temperature … uncertainty in historical weather forcings, and is responsible for widely divergent impacts of climate on future crop yields. …

We estimate the short-run effects of severe weather shocks on local economic activity and assess cross …-border spillovers operating through economic linkages between U.S. states. We measure weather shocks using a detailed county … weather shocks hitting individual regions. We also show that (i) taking into account economic interconnections between states …