After working at the IMF and the Reserve Bank of Australia, Dixon joined the Australian government's IMPACT Project in 1975. At IMPACT he led the team that created the ORANI model. This was the world's first detailed (100+ industries) computable general equilibrium model regularly used in policy analysis. In the 1990s with colleagues at Monash University he created the MONASH model, the dynamic successor to ORANI.

These two models have been prominent in the Australian economic debate for 35 years and have been used as templates for other models throughout the world.

In recent years Dixon developed the USAGE model of the U.S. which is used by the U.S. International Trade Commission and the Departments of Agriculture, Commerce, Energy, Transportation and Homeland Security.

Dixon was elected a Fellow of the Academy of Social Sciences in 1982.

In 2003, he was awarded the Distinguished Fellowship of the Economic Society of Australia and in 2006 he was appointed Sir John Monash Distinguished Professor at Monash.

In 2013, Elsevier published its two-volume Handbook of Computable General Equilibrium Modeling edited by Dixon and Dale Jorgenson.

In 2014 Dixon took up his present position as Professor in the Centre of Policy Studies at Victoria University.

Selected publications


Dixon, P.B. and D.W. Jorgenson (editors), Handbook of Computable General Equilibrium Modeling, 2 volumes, Elsevier, Amsterdam, 2013.

Dixon, P.B. and M.T. Rimmer, Dynamic General Equilibrium Modelling for Forecasting and Policy: a Practical Guide and Documentation of MONASH, Contributions to Economic Analysis 256, North-Holland Publishing Company, 2002, pp. xiv+338.

Dixon, P.B., B. R. Parmenter, A.A. Powell and P.J. Wilcoxen, Notes and Problems in Applied General Equilibrium Economics, North-Holland Publishing Company, 1992, pp. xvi +392.

Dixon, P.B., B.R. Parmenter, John Sutton and D.P. Vincent, ORANI: A Multisectoral Model of the Australian Economy, Contributions to Economic Analysis 142, North-Holland Publishing Company, 1982, pp. xviii + 372.

Dixon P.B. The Theory of Joint Maximization, Contributions to Economic Analysis 91, North- Holland Publishing Company, 1975, pp. xii + 212.


Dixon, P.B. and Maureen T. Rimmer. “Doubling U.S. Exports under the President's National Export Initiative: Implications of successful implementation” Contemporary Economic Policy, vol. 31(2), pp. 440-56, 2013.

Dixon, P.B., M.T. Rimmer and G. Wittwer, “Saving the Southern Murray-Darling Basin: the economic effects of a buyback of irrigation water”, Economic Record, Vol. 87(276), March, 2011, pp.153-168.

Dixon, P.B. and M.T. Rimmer, “You can’t have a CGE recession without excess capacity”, Economic Modelling, Vol. 28(1-2), January-March, 2011, pp. 602-13.

Dixon, P.B., M. Johnson and M.T. Rimmer “Economy-wide effects of reducing illegal immigrants in U.S. employment” Contemporary Economic Policy, Vol. 29(1), January, 2011, pp. 14-30.

Corden, W.M. and P.B. Dixon, "A Tax-Wage Bargain in Australia: Is a Free Lunch Possible?", The Economic Record, 56, September 1980, pp.209-221.

Refereed chapters

Dixon, P.B. and M.T. Rimmer, "Validation in CGE modeling", Chapter 19, pp. 1271-1330 in P.B. Dixon and D.W. Jorgenson (editors) Handbook of Computable General Equilibrium Modeling, Elsevier, 2013.

Dixon, P.B., R.B. Koopman and M.T. Rimmer, "The MONASH style of CGE modeling: a framework for practical policy analysis", Chapter 2, pp. 23-102 in P.B. Dixon and D.W. Jorgenson (editors) Handbook of Computable General Equilibrium Modeling, Elsevier, 2013.

Dixon, P.B. and M. T. Rimmer, "U.S. imports of low-skilled labor: restrict or liberalize?", chapter 5, pp. 103-51 in John Gilbert (editor) New Developments in Computable General Equilibrium Analysis of Trade Policy, Volume 7 of H. Beladi and K. Choi (series editors) Frontiers of Economics and Globalization, Emerald Publishing, UK, 2010.

Dixon, P.B., B.R. Parmenter and M.T. Rimmer, "Forecasting and Policy Analysis with a Dynamic CGE Model of Australia", pp. 363 – 405 in G.W. Harrison, S.E. Hougaard Jensen, L.H. Pedersen and T.F. Rutherford (eds.), Using Dynamic General Equilibrium Models for Policy Analysis, North Holland Publishing Company, 2000.

Dixon, P.B. and B.R. Parmenter, "Computable General Equilibrium Modelling for Policy Analysis and Forecasting", Chapter 1, pp.3-85 in H.M. Amman, D.A. Kendrick and J. Rust (eds), Handbook in Computational Economics, Volume 1, Elsevier, Amsterdam, 1996.

View Peter's publications in the Victoria University Research Repository.


Dixon, P.B. & Harding, D., 'New methods for solving large models with rational expectations', Australian Research Council (ARC) Grants, 3-year project, $405,000.

Areas of expertise

  • Economic modelling
  • Economic policy analysis

Contact details

+61 (3) 9919 1464