“…For instance, Polónia (2016) investigated the maritime expansion of Villa de Conde, a Portuguese maritime town, between the years of 1500 and 1640. Polónia (2016) found that the expansion of town through maritime activities had significant effects on political, economic, social, and demographic development of the town. The current literature also well explains how shipping positively influences the trade and economic development of regions (Clark et al, 2004;Radelet and Sachs, 1998).…”