  We examine the accuracy of estimation of parameters of the gravitational-wave
signals from spinning neutron stars that can be achieved from observations by
Earth-based laser interferometers. We consider a model of the signal consisting
of two narrowband components and including both phase and amplitude modulation.
We calculate approximate values of the rms errors of the parameter estimators
using the Fisher information matrix. We carry out extensive Monte Carlo
simulations and obtain cumulative distribution functions of rms errors of
astrophysically interesting parameters: amplitude of the signal, wobble angle,
position of the source in the sky, frequency, and spindown coefficients. We
consider both all-sky searches and directed searches. We also examine the
possibility of determination of neutron star proper motion. We perform
simulations for all laser-interferometric detectors that are currently under
construction and for several possible lengths of the observation time and sizes
of the parameter space. We find that observations of continuous
gravitational-wave signals from neutron stars by laser-interferometric
detectors will provide a very accurate information about their astrophysical
properties. We derive several simplified models of the signal that can be used
in the theoretical investigations of the data analysis schemes independently of
the physical mechanisms generating the gravitational-wave signal.
