We present a Kohn-Sham method that allows one to treat exchange interaction
s exactly within density-functional theory. The method is used to calculate
lattice constants, cohesive energies, Kohn-Sham eigenvalues, dielectric fu
nctions, and effective masses of various zinc-blende semiconductors (Si, Ge
, C, SiC, GaAs, AIAs, GaN, and AIN). The results are compared with values o
btained within the local-density approximation, generalized gradient approx
imations, the Krieger-Li-Iafrate approximation for the Kohn-Sham exchange p
otential, and the Hartree-Fock method. We find that the exact exchange form
alism, augmented by local density or generalized gradient correlations, yie
lds both structural and optical properties in excellent agreement with expe
riment. Exact exchange-only calculations are found to lead to densities and
energies that are close to Hartree-Fock values but to eigenvalue gaps that
agree with experiment within 0.2 eV. The generalized gradient approximatio
ns for exchange yield energies that are much improved compared to local-den
sity values. The exact exchange contribution to the discontinuity of the ex
change-correlation potential is computed and discussed in the context of th
e band-gap problem. [S01631-1829(99)05515-0].