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The phrase "and hence the allocation" is correct and usable in written English.
It can be used to indicate a conclusion or result that follows logically from the preceding information, particularly in discussions about resource distribution or assignments.
Example: "The project was delayed due to unforeseen circumstances, and hence the allocation of funds will need to be adjusted."
Alternatives: "therefore the allocation" or "thus the allocation".
Exact(2)
Everybody agrees that high inflation is bad for growth, because it distorts relative prices and hence the allocation of resources.
However, if the bundle (x_{1}^{b}) is moved to the shaded region of space X (see Fig. 3), due to the incentive-compatible constraint, the rest of the agents in the economy would also apply for it, and hence the allocation would not be feasible.
Similar(58)
By use of this model, the benchmark and hence the initial allocation of emission allowances to airlines can be estimated.
However, it is seen that there is a clear tradeoff between energy and spectral efficiency, and hence the energy-efficient resource allocations tend to be spectrally inefficient.
Hence, the allocation of resources into immune defence and its growth-benefits are apparent only in presence of parasites.
Hence, the allocation of design methods to different phases of the product creation process can be performed more intuitively and a combination of methods is encouraged.
Hence the allocation decision is based on the overall edge-zone throughput in the network.
Hence, the allocation of a technology component across sectors does not require the equality of supply and demand.
Hence, the allocation of war-making authorities should now be understood to give the President unilateral war-making power that matches the scope of modern threats.
After that, the run time scheduling mechanism is applied to improve the buffer management, virtual channel and switch allocation schemes and hence, the constructed paths are optimized dynamically.
Since David Montgomery's path-breaking work in 1972, economists have asserted that the post-trading allocation of control responsibility among sources and hence the aggregate costs of control are independent from the initial permit allocation.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com