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The aim of this study is to present the social meaning and funding opportunities of public goods on grounds of selected examples applied by Common Agricultural Policy (CAP) by the EU. The study includes data characterizing expenditure connected with agricultural policy of the EU in accordance with OECD measuring methodology. Considered issues start with the public goods conception and their role in bio-economy. Changes in agriculture financial support structure in the EU between 2004-2012 were considered with respect to the assessment of particular tools that serve public goods funding. It was indicated that these tools contribute to their formation as well. Restrictions in financial support of public goods were presented. It was proved that in the formation of CAP in the EU features specific for certain localizations connected with public goods formation are being taken into consideration increasingly.
I have made examinations for the period of 1989-2005 in order to give an overall evaluation on the profitability questions of agriculture in the European Union. It was a priority during the research to evaluate the situation of the Hungarian farms. It was explored that the average profitability of farms increased dynamically in the 12/15 EU countries during the examined period. It Was proved that the engine of growth was the farm concentration implemented in the meantime, and the economically adequate technical development, which could gain ground. The research reported about significant differences concerning the average productivity and profitability of economies of former member countries and new members integrated in 2004. The outcomes of the Hungarian farms according to farm type and size, are basically rather poor, compared both to EU-25 and countries with similar agricultural qualities. Considering the results, the role of subsidies in income should be stressed in case of new and former member countries. It is undoubted, however, that in case of new ones, the subsidy-dependence is greater.
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