I used to know a counting-out rhyme with some similarity, which used "Ocka-bocka, stona-crocka, ocka-bocka-boo" in place of the "Alla balla ... balla bu" in your request. don't know more than that, though, and don't know where you'd find more about such rhymes.
My full counting-out rhyme:
Ocka-bocka, stona-crocka, ocka-bocka-boo
Ocka-bocka, stona-crocka, out goes YOU.
Bob Clayton