Abstract
This paper focused on the sustainability of the impact of the Russia-Ukraine conflict on the military spending of NATO allies. As Russia launched a "special military operation" in Ukraine in February 2022, NATO allies announced their intention to significantly increase military spending in response to the "threat" from Russia. However, under the stimulation of the Russia-Ukraine conflict, it is uncertain whether the NATO defense budget increase spree can be sustained. Based on this, this paper analyzed the sustainability of NATO's military spending increase in the context of the Russia-Ukraine conflict by building a vector autoregressive model (VAR). Through the impulse response analysis, this paper concluded that the Russia-Ukraine conflict shock stimulates NATO allies to increase military spending persistently only for about three years.
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