日本政府投资干预对“满铁”盈利能力的影响研究

Research on the Impact of Japanese Government InvestmentIntervention on the Profitability of SMR

作为一家特许公司,“满铁”被视为研究日本官僚主义与企业互动关系的典型案例。日本政府与“满铁”之间存在巨大的经济与政治联系,但既往研究鲜有从企业史角度剖析日本政府在不同时期对“满铁”进行干预的差异化特征及其对“满铁”经营造成的经济影响。事实上,“满铁”内部投资在各产业部门的分配情况可以视作日本政府在不同时期对“满铁”经营进行干预的新证据。基于历史数据的实证检验,说明以“满铁”铁路内部投资增长为标志的日本国家干预直接刺激了“满铁”的盈利能力。这充分凸显“满铁”作为日本军国主义经济殖民工具的历史属性。

As a chartered company,the South Manchuria Railway Company,Ltd.(SMR)is regarded as a typical case of the interaction between Japanese bureaucracy and enterprises.There is a strong economic and political relationship between the Japanese government and the SMR.However,existing research seldom analyzes divergences of Japanese government's intervention in various periods from the perspective of business history,nor does it discuss the economic impact of such intervention on the SMR's operation.In fact,the distribution of internal investment among various industrial sectors can be a new historical evidence for the Japanese government's intervention in the operation of the SMR in different historical periods.Empirical tests based on historical data prove that state intervention marked by the growth of railway investment in the SMR directly stimulates the enterprise's profitability.This fully confirms the historical attributes of the SMR as an instrument of Japanese militarism's economic colonization.