The 9mm will penetrate better, and if you are shooting North Koreans with padded uniforms, that will matter. It did, from 1950-53.
Probably, the impact of the .45 is greater. The Thompson-LaGarde tests established that it was a better stopper than 9mm hardball,
as then loaded.
If the bullet hits bone, I think the 9mm will fare better than if it doesn't.
But David W. Arnold, who had access to many 9mm shootings in then-Rhodesia, told me in person that the 9mm usually worked. He had little problem with carrying an issue P-38, although he was a Colt .45 man at heart.
My son shot nine men in Iraq with 9mm's, all using GI hardball. They all dropped, although he couldn't always linger to tell if all died. One scrabbled around for about a minute before dying. He had been shot in about the solar plexus, across a room, maybe 10-15 feet range. He dropped his rifle and was unable to offer battle. Seemed convulsive and in great pain. Probably hadn't read that the 9mm is ineffective...
If I was shooting Moros or Rhodesian Bantu commie terrorists with no body armor, I would prefer .45. On heavily padded Chinese or N. Koreans, I'd probably prefer 9mm. But I'd prefer a head shot on either, if practical.
In civilian life, I can use HP ammo and not worry too much which caliber I have. But I stress that placement is the real key to stopping well.
That said, I was very uneasy with the anemic .38 FMJ ammo that I carried in the USAF. Our outfit once used unit funds to buy FMJ Hi-Speed (.38-44) ammo, and I felt happier with that, although I never had to shoot anyone. But I came close once, and worried that my ammo was junk. A vicious badger also worried me, especially after seeing another man shoot it with a .45. It took a long time to die, although shot from above between the shoulders. If we hadn't managed to get a large wooden sign between us and the badger and keep it in a corner of the dining hall, that badger would have ripped us up pretty badly. It made quite an impression on me.
T-Star
P.S. Gene, the .38 round that failed so miserably in the Phillipines was the .38 Long Colt, not the 38 S&W. But I doubt that there was a lot of practical difference. The .38 Special is a little warmer. And modern .38 Special HP ammo is a
lot better.