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This special issue aims at advancing the debate about the interpretative power of evolutionary perspectives on economic development and institutional change. In the introduction, we argue that the interpretative power of the current evolutionary approach can be improved by elaborating an 'augmented' perspective to economic development, which explicitly integrates the role of institutions and the dynamics of natural resource sectors (e.g. agro-food) into the analysis. We maintain that such a theoretical and empirical advancement can help to define a conceptual framework that is more suitable to analyse innovation-driven change, differentiated development patterns, opportunities and constraints for developing countries in the globalised knowledge economy. A collection of papers that adopt this perspective are discussed in order to prove the interpretative power of this approach in a variety of development contexts. [ABSTRACT FROM AUTHOR]

The new economic geography ( NEG) has been tested to explain the spatial concentration of wages in developed countries, but it has not been evaluated for developing countries where the excessive spatial concentration seems to be related with negative consequences on the economic development. This paper covers this gap in the literature estimating by first time a NEG model for a developing country such as Chile, pursuing two research question: (1) Can the NEG explain the spatial distribution of wages in a developing country as Chile?; and (2) How can the NEG be used to infer information about the future level of spatial concentration of wages in Chile? The results suggest that the case of Chile is poorly explained by the NEG and even higher level of spatial concentration should be expected in the future. These results indicate that the empirical application of NEG is not trivial for developing countries, and some considerations such as inclusion of the first nature or analysis at micro data level must be incorporated by future researches. [ABSTRACT FROM AUTHOR]