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The paper aims to assess the causal relationship between entrepreneurship framework conditions of an economy (12 factors) and the level of total early-stage entrepreneurial activity (TEA). The study uses data from 50 economies participating in Global Entrepreneurship Monitor (GEM) in 2019, grouped into four regions (Middle East & Africa, Asia & Pacific, Latin America & Caribbean, Europe & North America) as defined by the World Economic Forum, and into three income levels (low, middle, high). The geographical regio...