Before revision:  With the common knowledge assumption, the paper proposes a generic model combining optimal control and optimal switching to study the static equilibrium and dynamic equilibrium of resource allocations under a given industrial structureand the equilibrium when the condition for transforming industrial structures arises by a social planner to maximize the representative household's utility in a market economy .
After revision:  With the common knowledge assumption, the paper proposes a generic model combining optimal control and optimal switching to study the static equilibrium and dynamic equilibrium of resource allocations under a given industrial structureand the equilibrium when the condition for transforming industrial structures arises by a social planner to maximize the representative household's total utility subject to the resource constraint .