We have investigated the influence of the electronic band structure on the
exciton dynamics in GaAsP tensile-strained quantum wells. We have found tha
t the exciton cooling time is notably reduced when the heavy- and light-hol
e excitons are degenerate. The lifetime of the heavy-hole exciton is simila
r to 300 ps whereas it is similar to 500 ps for the light-hole exciton. Fur
thermore, we have determined, from the initial degree of polarization of th
e emission, the valence-band mixing as a function of the energy splitting b
etween the heavy-hole and light-hole subbands. The degree of mixing is in q
ualitative agreement with tight-binding calculations.