'Is this a panel data set (multiple individuals and two variables from different points of time)?
I have a dataset with multiple individuals and two variables from different points of time, for example:
| Company | Employees at t=1 (before a specific event) | Revenue at t=2 (after a specific event) |
|---|---|---|
| Company A | 100 | 10,000 USD |
| Company B | 23 | 4,000 USD |
| Company C | 150 | 90,000 USD |
My question is now how you would call the structure of this data set?
One the one hand, it could be a panel as there are multiple individuals at multiple points of time. On the other hand, it could be a cross-sectional data set as there is only one entry per individual.
Thanks for your help! :)
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