In this paper a Morgenstern-type bivariate gamma distribution has been studied. Its moment generating function has been derived. The distribution of the product and quotient are derived in terms of the modified Bessel function. The results for the independent case follow as special cases. Further the regression function has been analysed, in terms of its deviation from linear regression function.
This research was initiated while the first author was a U.N. Consultant under the Statistical Training Program for Africa, visiting the University of Ghana.