The objective of this article is to provide new empirical evidence on landlord-tenant choices of share versus cash-rent contracts in U.S. agriculture. The focus is on the contribution of explanatory variables that represent transaction costs, risk-sharing incentives, or both. An empirical model...

This paper investigates how dryland wheat farm operators adapt to climate through the use of land leasing in the U.S. Pacific Northwest region. Using a farm-level dataset from the U.S. Census of Agriculture, we build a statistical relationship between climate and leased acreage for dryland wheat...