Theoretically, leasing and debt are thought to be substitutes. This assumes that a lease payment, which is a fixed obligation like a loan, displaces debt and reduces debt capacity, i.e., if firms have optimal debt to equity ratios, then, to the extent that it represents "off-balance-sheet"...

A mathematical programming model with estimated nonlinear water response functions is used to explore the allocation of limited ground water to flood irrigated corn, flood-irrigated grain sorghum, and dryland sorghum in western Kansas. Results suggest that as ground water availability decreases,...

Three tillage systems: conventional tillage, ridge tillage and notillage are evaluated using stochastic dominance with respect to a function analysis. Each tillage system is evaluated for three cropping patterns: continuous grain sorghum, continuous soybeans, and soybeans after grain sorghum....