This one, I think I might be able to shed a little light.
The idea is to get the right number of air (oxygen) molecules and fuel (diesel) molecules together under pressure for complete and efficient burning. Most modern cars & diesels have an electronics package that measure air pressure, and O2 in exhaust, air flow, etc.. to adjust the mixure to get as close as possible to the ideal mix.
Old tractors with mech injectors are designed for sea level operation. At altitude I will not be getting as many O2 molecules as I would at sea level, hence, I will be wasting fuel that does not burn. All things being equal, I should lean out the mixture for optimal combustion. I don't think there is an adjustment for this on these old guys.
So, this brings be back to the Turbo question. At sea level we are under 14.7 psi (average), and at 10,000 feet the pressure is about 9.5 psi. Delta of about 5.2 psi. If I could get a turbo in this range, would round up to say 8 psi at max, I think this little guy would run like a champ.
After a little more research, the primary variables for pick the right size unit is the volume of exhaust curve, volume of intake air curve (both from idle to rated RPM), and the desired boast presure.
Sorry for the rant.
Bob