Abstract
Noether theorem (Noether [9]) concerning with symmetries of the action integral or its generalization (Bessel-Hagen [1]) with those up to divergence plays an effective role for discovering conservation laws from the Lagrangian or the Hamiltonian structures of considering problem. Sato [11] first pioneered the way of applying the theorem to optimal economic growth.
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References
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Fujiwara, F., Mimura, F., Nono, T. (2001). Conservation Laws and Optimal Paths in External Two Sector Growth Model. In: Negishi, T., Ramachandran, R.V., Mino, K. (eds) Economic Theory, Dynamics and Markets. Research Monographs in Japan-U.S. Business & Economics, vol 5. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-1677-4_12
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DOI: https://doi.org/10.1007/978-1-4615-1677-4_12
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