基于J县实地调查数据,文章对J县村级债务现状进行简单介绍,并运用滚动负债模型对J县两个样本村的村级债务进行实证分析,发现:经济发达的村的负债大多形成于早期筹集资本发展经济,偿债能力强,所以债务负担较轻;而经济发展较缓慢的村的负债基本上是为了筹集维持运转的资金,偿债能力弱,因而债务负担重。最后,本文提出了具体的村级债务化解措施,并认为“借新债——发展经济——还债”才是最行之有效的化债方法。 Based on the field survey data of J County, the paper introduces the status quo of village debt in J county briefly and uses the rolling liability model to analyze the village debt of two sample villages in J County. It is found that the liabilities of the economically developed villages are mostly formed in In the early stage, raising capital to develop the economy was strong in solvency, so the debt burden was light. In the less economically developed villages, the debt was basically financed by the need to keep the funds running and inability to pay off the debts. As a result, the debt burden was heavy. Finally, this paper puts forward concrete measures to resolve the village-level debt, and holds that it is the most effective way to solve the debt problem by “borrowing new debt-developing economy-paying back debts”.